[2016-07-13]BitcoinMagazine.com| New EU Directive May Impose Anti-Money

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New EU Directive May Impose Anti-Money Laundering Regulations on Bitcoin Wallet Providers

The European Commission published a new directive draft last week proposing to extend strict anti-money laundering (AML) regulation to both virtual currency exchange services and custodial wallet providers. Intended to counter “money launderers, tax evaders, terrorists, fraudsters and other criminals,” the directive could mean that many Bitcoin companies in the E.U. will have to apply know your customer (KYC) types of checks on their users....

https://bitcoinmagazine.com/articles/new-eu-directive-may-impose-anti-money-laundering-regulations-on-bitcoin-wallet-providers-1468424029