EU Parliament Votes For Bitcoin Privacy-Busting Rules

EU Parliament Votes For Bitcoin Privacy-Busting Rules

The proposed measures would crack down on bitcoin and cryptocurrency transfers between self-hosted wallets and require firms to identify sender and receiver.European Union lawmakers voted on Thursday in favor of a de-facto surveillance regime for Bitcoin and cryptocurrency transactions as the region seeks to gather identifying information on transfers between private, self-custody wallets.The EU Committees on Economic and Monetary Affairs (ECON) and on Civil Liberties, Justice and Home Affairs (LIBE) voted to extend anti-money laundering requirements that currently apply to fiat payments....


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