[2016-02-03] ToI: EU to step up checks on Bitcoin, prepaid cards to fight terror

[polynesia]

EU to step up checks on Bitcoin, prepaid cards to fight terrorism

http://timesofindia.indiatimes.com/tech/tech-news/EU-to-step-up-checks-on-Bitcoin-prepaid-cards-to-fight-terrorism/articleshow/50836762.cms

The European Commission will propose by the end of June stricter rules on prepaid cards and virtual currencies in a bid to reduce anonymous payments and curb the financing of terrorism, documents released on Tuesday showed.

Responding to attacks in Paris last November by Islamic State militants, the Commission is also considering imposing controls on bank transfers within the EU that are currently not monitored through the controversial EU-US Terrorist Financing Tracking Programme (TFTP.)