Post
Topic
Board Press
Re: 2014-07-04 Bloomberg.com - Bitcoin Faces Regulatory Backlash as EU Tells Banks..
by
Ron~Popeil
on 04/07/2014, 18:56:18 UTC
http://www.bloomberg.com/news/2014-07-04/bitcoin-faces-regulatory-backlash-as-eu-tells-banks-to-stay-away.html

Quote
The European Commission signaled it will try to impose rules on virtual currencies such as Bitcoin after the bloc’s banking regulator ordered lenders to shun them.

“It’s imperative to move quickly on this issue,” Chantal Hughes, a spokeswoman for Financial Services Commissioner Michel Barnier, said by e-mail today. “The potential for money laundering and terrorist financing is too serious to ignore.”

Far more Euros and USD have been used for laundering and terrorism than any other currency. Same old scare tactics. These slime balls need to clean their own collective porch before they start messing around on ours.