European Union Will Seek a Crackdown on Bitcoin

[Pab]

European Union (EU) countries will seek a crackdown on bitcoin during crisis talks tomorrow, in the wake of last week's Paris attacks, Reuters reports.

EU also want to ban prepaid cards.Duetche Bank is laundering heavy bilions of dollars of som Islamic Countrys and Russian Oligarchs EU is doing nothing
All that is done on financial institution order,institution like DB,global mafiawants to control EU citzens life

It is war,more and more control.Now EU is in big crisis and can crash,better sooner than later

http://www.coindesk.com/european-union-to-crack-down-on-bitcoin-after-paris-attacks/

Thay were even consider to ban bitcoin,but thay dont know how




The news comes after a report published by the UK government last month deemed that digital currencies posed a "low" risk for both money laundering and terrorism financing

[Enjorlas]

Below $300 we go...

[RealPhotoshoper]

Earlier this week, the European Commission said that it was assessing whether bitcoin or any other digital currencies could serve to finance terrorist activity and money laundering as part of a new security report.
not just bitcoin,other crypto also will banned maybe. but this is really weird,everything used by terorrist i think its fine,so if terorist use US Dollar,and than they will ban US Dollar? 

[Christyfrazier]

Hi,

The EU is simply having a knee jerk reaction due to current new events. But if they did decide to do this it will be quite bad for the reputation of bitcoin and will be another negative attack that this community will have yo deal with.

Thanks

[Amph]

Below $300 we go...

it's only for terrorist, if you are not one why you should dump youir bitcoin, and not buying more? no reason for everyone that is not a bad guy to not care about this news

[Pab]

Eu wants ban not only btc but also any others non banking transactions.Just days ago  ETS  stated thatbitcoin is same legal waysof payments like banknotes,coins ,gold.If EU want to followthay haveto ban cash also
That attack has been done by young boys born in EU,to buysome Kalasnikoff is little money.In Poland you can buy Kalsnikof for max200 bucks,explosive materials same cheap.Big money Laundering are making big banks,EU offials are getting paid.from them

TO pass any legislations agreements of any of 28 EU nations is needed,if England will say no it will not pass.if itwill passthan EU citzens may collect 1 mln sgnature than it goesto ETS.ETSis onle independent institutions in Europe
Thay will not make idiots from themself by baning that what thay legelise

I think all that all that story is earlly bird of next huge financial crisis and part of war to keep control over citzenship  movements


So maybe lets ban Nasdaq also EU boys

Nasdaq formally debuted its blockchain product, Nasdaq Linq, last month at the Money20/20 conference in Las Vegas, the launch coming nearly six months after Nasdaq announced it would be the first major global stock exchange to publicly trial blockchain technolog


http://www.coindesk.com/hands-on-with-linq-nasdaqs-private-markets-blockchain-project/

[samuel999]

That is what Reuter's and all of the big Media around reports, but a lot of it isn't true. You should really check up on their facts. This article by Coindesk should also help.

[ridery99]

Ice cream must be banned because terrorists might eat it.

[Pab]

Ice cream must be banned because terrorists might eat it.

In EU everything is possible,also that

[erickimani]

that is just but chapping. will only take official reports from relevant people and not from someone writing for attention. I think there are haters who want the bitcoin to drop in value but that will not work

[trucdev88]

Finnish Central Bank concludes, Bitcoin does not meet the definition of a currency, even an electronic payment method. Thus, this virtual currency was considered by Finland as a commodity. Finland is the latest in the world to try to control the spread of virtual currencies that are not under the control of any central bank or government, typically Bitcoin. Recently, European authorities have repeatedly warned about the risks associated with virtual currency, while attempting to design legal frameworks to protect consumers and businesses from the risk of damage. These types of money. In Northern Europe, outside of Finland also Norway also see Bitcoin not qualify as currency. Meanwhile, Denmark has announced it is establishing rules to treat Bitcoin and other virtual currencies.

[Coffee135]

Finnish Central Bank concludes, Bitcoin does not meet the definition of a currency, even an electronic payment method. Thus, this virtual currency was considered by Finland as a commodity. Finland is the latest in the world to try to control the spread of virtual currencies that are not under the control of any central bank or government, typically Bitcoin. Recently, European authorities have repeatedly warned about the risks associated with virtual currency, while attempting to design legal frameworks to protect consumers and businesses from the risk of damage. These types of money. In Northern Europe, outside of Finland also Norway also see Bitcoin not qualify as currency. Meanwhile, Denmark has announced it is establishing rules to treat Bitcoin and other virtual currencies.

I wonder how the Finns came come to such conclusions? Why bitcoin is a commodity? Any product must have physical properties. They do not want to accept the bitcoin currency but they really want to have taxes from the sales of bitcoins. This is the easiest way to legalize the taxes but it does not bear any responsibility.

[Almat]

We don't know what will happen yet, so let's not overreact to a $300 slide. They seem to be leaning a certain way, but discussions will still need to be had. Nothing is set in stone yet.

[nskendrovic]

European Union can try and do whatever crackdown they want but it is impossible to stop Bitcoin because it is just math and code and you can't order people move their coins unless you have their private keys.

[Gozie51]

European Union can try and do whatever crackdown they want but it is impossible to stop Bitcoin because it is just math and code and you can't order people move their coins unless you have their private keys.

I mean, this is going to be effort in futility. EU is just one continent in the world.

Meanwhile, other continents are there and the Asian continent is still there with Japanese support for it.
I think the battle is between continents with bitcoin as the center of attraction.

On the contrary, I see the EU meeting on bitcoin as a protection of the EURO. The reason is that bitcoin is making the poor in different countries rich and no class existing for the rich everybody is set to being equal if you are seeing what I'm seeing too.

[criz2fer]

Finnish Central Bank concludes, Bitcoin does not meet the definition of a currency, even an electronic payment method. Thus, this virtual currency was considered by Finland as a commodity. Finland is the latest in the world to try to control the spread of virtual currencies that are not under the control of any central bank or government, typically Bitcoin. Recently, European authorities have repeatedly warned about the risks associated with virtual currency, while attempting to design legal frameworks to protect consumers and businesses from the risk of damage. These types of money. In Northern Europe, outside of Finland also Norway also see Bitcoin not qualify as currency. Meanwhile, Denmark has announced it is establishing rules to treat Bitcoin and other virtual currencies.

I wonder how the Finns came come to such conclusions? Why bitcoin is a commodity? Any product must have physical properties. They do not want to accept the bitcoin currency but they really want to have taxes from the sales of bitcoins. This is the easiest way to legalize the taxes but it does not bear any responsibility.

Another FUD I guess. Attack from the biggest media will be the best news to do it but goverment can't control it unless you put an internet blackout. Waiting again for this food to make a hot coffee ready serve by the journalist.

[Fortify]

Finnish Central Bank concludes, Bitcoin does not meet the definition of a currency, even an electronic payment method. Thus, this virtual currency was considered by Finland as a commodity. Finland is the latest in the world to try to control the spread of virtual currencies that are not under the control of any central bank or government, typically Bitcoin. Recently, European authorities have repeatedly warned about the risks associated with virtual currency, while attempting to design legal frameworks to protect consumers and businesses from the risk of damage. These types of money. In Northern Europe, outside of Finland also Norway also see Bitcoin not qualify as currency. Meanwhile, Denmark has announced it is establishing rules to treat Bitcoin and other virtual currencies.

I'm confused why you would drag up a thread that was dead for 2 years with such information. Unless you are trying to spam propaganda or try to disrupt the price of bitcoin right now. Be suspicious and stay vigilant.

[avikz]

European Union (EU) countries will seek a crackdown on bitcoin during crisis talks tomorrow, in the wake of last week's Paris attacks, Reuters reports.

EU also want to ban prepaid cards.Duetche Bank is laundering heavy bilions of dollars of som Islamic Countrys and Russian Oligarchs EU is doing nothing
All that is done on financial institution order,institution like DB,global mafiawants to control EU citzens life

It is war,more and more control.Now EU is in big crisis and can crash,better sooner than later

http://www.coindesk.com/european-union-to-crack-down-on-bitcoin-after-paris-attacks/

Thay were even consider to ban bitcoin,but thay dont know how

The news comes after a report published by the UK government last month deemed that digital currencies posed a "low" risk for both money laundering and terrorism financing

I doubt EU will take such risk of banning bitcoin. The financial situation is not good for EU and jobs are at stake. If they ban bitcoin, more and more people will line up to get jobs which will worsen the already broken employment situation of EU. A mass protest will follow suit. Few years back, Indian government tries to ban porn which doesn't have any direct relation with money, but later retreated due to mass protest. But bitcoin si directly related to money so an even bigger protest will take place in EU I believe. But I don't think we will have to worry and sell out our holdings. If it goes down to few hundred dollars, we will have an opportunity to buy more at a cheaper price.

[palle11]

I'm thinking this news could make the bitcoin bullish to stall at the moment. Meanwhile, China could be warming up for something new if anything like ban of Icos comes from EU.

I just treat this as news and of no effect. I don't see EU banning, they might be looking at ways to regulate because of fraud.

[AT101ET]

Where does the logic come from? How does the recent terror have anything to do with Bitcoin? I think we've seen time and time again that Bitcoin has moved from its early use in 'illicit' activities to becoming a prominent and legitimate payment method.
Another reason why I'm glad the UK has decided to leave the EU. Merkel has to start thinking rationally if she doesn't want others to follow suit.