Belgium Intends to Confront Money Laundering with BitcoinThe government of Belgium has tasked the country’s tax authorities to investigate possible fraud and money-laundering schemes involving bitcoin.
According to local publication De Morgen, the authorities are especially interested in retail stores accepting cryptocurrency.
“The tax department is considering the bitcoin. There will be a battle plan to combat fraud,” reads the publication.
There are over 70 stores accepting bitcoin in Belgium. The cryptocurrency becomes increasingly popular in payments for medical and recreation services. Local online commerce also gradually embraces bitcoin.
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