[2016-09-14] Interpol & Europol to Address Bitcoin Money Laundering

[BTCManagerOfficial]

Bitcoin has often been called out as one of the main sources of money laundering. So far, there has been very little evidence to back up these claims. Prevention is often better than healing, which is why Europol has established a new division, with a specific focus on bitcoin money laundering...

Read more here:

https://btcmanager.com/news/interpol-and-europol-to-address-bitcoin-money-laundering/








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[TraderTimm]

This is really about control of money flows from sovereign state to sovereign state -- it has nothing to do with "laundering" as a primary objective.

The largest source of laundering is the US Dollar, Euro, Pound, Yen, Yuan, Rupee, Ruble and every other shitty fiat currency that still exists. Lumping Bitcoin in there just allows them to overreach and try to ring-fence people who are fleeing oppressive monetary policies aimed at devaluing their local currency.