European Commission - cryptocurrency users must be identified and tracable - 2016

[nandibear]

European Commission press release:

College read-out: VP Dombrovskis on Action Plan to Fight terrorism financing, the Schengen Evaluation Report on Greece and Portugal's Draft Budgetary Plan
Brussels (Belgium)
February 2, 2016

Excerpt:

...

3. Virtual currency platforms and their users must be identified or tracable;

...



Read more at:

European Commission Press Release Database

EDIT (3:06 PM - Feb 6, 2015):

[nandibear]

https://youtu.be/ysNSp1PVkHY

In this video RT covers the European Commission press release (feb. 2 2016 - with respect to controlling cryptocurrencies) and apparently a video response from Jeffrey Tucker.

[iFixBTCmemoryIssues]

European Commission press release:

College read-out: VP Dombrovskis on Action Plan to Fight terrorism financing, the Schengen Evaluation Report on Greece and Portugal's Draft Budgetary Plan
Brussels (Belgium)
February 2, 2016

Excerpt:

...

3. Virtual currency platforms and their users must be identified or tracable;

...



Read more at:

European Commission Press Release Database

EDIT (3:06 PM - Feb 6, 2015):

Good luck Europe

[Marc_JB]

Looks like they just don't get a point

[btcfreak]

Looks like more people will just move to Asian exchanges

[btc]

identifying users of crypto will never happen. identifying users of exchanges where people may withdraw/deposit euros will happen.

i assume they are attempting the former, when in reality the latter is what is in their jurisdiction

[Vaultoro]

once again politicians that don't know anything about a subject put ridiculous ideas into law. In this case, it's an idea that is impossible on the protocol level. Epic facepalm.