The European Union will tighten rules for online payments and cryptocurrency circulation

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Евросоюз ужесточит правила онлайн-платежей и оборота криптовалютIn the European Union took the decision to introduce more stringent rules regulating treatment of cryptocurrencies.

In the European Union took the decision to introduce more stringent rules regulating treatment of cryptocurrencies. This should allow us to identify users and limit the use of prepaid cards for payment

The rules will affect exchange online platforms for bitcoin and other cryptocurrencies. They are designed to prevent money laundering and the financing of terrorism, reports “German wave”. “This agreement will bring greater transparency to improve the fight against money laundering and cut off the flow of money to terrorists”, – said Vera jourova, the European Commissioner for justice.

See also: “Ukrposhta” will be accepting online payments for communal

Cryptocurrency has gained popularity in connection with the stated lack of control from governments. Thus, the proposed changes are in direct conflict with the original meaning of cryptocurrency, and how this conflict will be resolved is still unknown.

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