[2016-07-06] NDTV: New Partnership to Clamp Down on Use of BTC for Child Porn

[polynesia]

New Partnership Aims to Clamp Down on Use of Bitcoin for Child Porn

http://gadgets.ndtv.com/internet/news/new-partnership-aims-to-clamp-down-on-use-of-bitcoin-for-child-porn-857685

London-based Bitcoin startup Elliptic and the Internet Watch Foundation, a charity that monitors online child sex abuse, will cooperate to clamp down on the use of Bitcoin in online child pornography, Elliptic said on Wednesday.

Bitcoin is a web-based digital currency that relies on complex cryptographic algorithms to move money around quickly and anonymously with no need for a central authority to process transactions. That has made it attractive to a variety of users, including those who want to get around capital controls and those who support a currency that is free from government control for ideological reasons. But it has also attracted drug dealers, arms dealers, and the buyers and sellers of online child pornography.

[polynesia]

Covered by other publications as well.

http://www.hindustantimes.com/tech/new-partnership-aims-to-clamp-down-on-use-of-bitcoin-for-child-porn/story-sbFPLVmvfdfL5TwG9tR3RM.html
http://indiatoday.intoday.in/technology/story/new-partnership-aims-to-clamp-down-on-use-of-bitcoin-for-child-porn/1/708852.html