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The Dark Side of Payments?

Justicia,%20Libertad%20y%20SeguridadReuters have reported that European Union countries have plans to crackdown on anonymous payment methods which are believed to be supporting criminal and terrorist activities.

Apparently a meeting was called for last Friday at which EU ministers will urge the European Commission to look at ways to strengthen controls of non-banking payments such as virtual currencies and pre-paid cards.

Bitcoin is highlighted as an anonymous payment method of interest along with gift cards.  Both easily used for moving money anonymously.

Read more at Reuters.

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