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Title: U.S. to Monitor Canadian Border for Illicit Drug-Related Bitcoin Transactions Post by: row5_seat47 on September 11, 2014, 11:30:53 PM Recent publications by the US federal government indicate that Bitcoin will likely be used in illicit cross-border transactions, and that the Office of National Drug Control Policy (ONDCP) is ramping up efforts to detect and interdict bitcoin transactions. There is a special focus on Canada and the United States.
http://letstalkbitcoin.com/blog/post/united-states-to-monitor-canadian-border-for-illicit-drug-related-bitcoin-transactions Title: Re: U.S. to Monitor Canadian Border for Illicit Drug-Related Bitcoin Transactions Post by: toleng on September 12, 2014, 03:50:17 AM It would be smart for the US government to monitor it's border for potential illegal activity. This is not the right, but rather the responsibility of a sovereign nation to make sure that nothing in crossing into it's boarders that should not be entering into the country.
Title: Re: U.S. to Monitor Canadian Border for Illicit Drug-Related Bitcoin Transactions Post by: zorke on September 13, 2014, 04:09:30 PM Recent publications by the US federal government indicate that Bitcoin will likely be used in illicit cross-border transactions, and that the Office of National Drug Control Policy (ONDCP) is ramping up efforts to detect and interdict bitcoin transactions. There is a special focus on Canada and the United States. I am not sure exactly how they plan on monitoring bitcoin transactions like this. Although it is, in theory possible to determine the country of the person sending a TX, it is impossible to determine the country of the person receiving, especially if the address being sent to has never been usedhttp://letstalkbitcoin.com/blog/post/united-states-to-monitor-canadian-border-for-illicit-drug-related-bitcoin-transactions |