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Author Topic: [2017-07-06] Europol Discusses Bitcoin as Store of Value and Payment Method With  (Read 2626 times)
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July 06, 2017, 01:58:39 PM

Europol Discusses Bitcoin as Store of Value and Payment Method With the Industry

The European Union’s top law enforcement agency Europol recently hosted their 4th conference on digital currencies.
According to the agency’s announcement on Wednesday, among the topics discussed this year was the use of cryptocurrencies such as bitcoin as a store of value and as a legitimate payment method.

Europol Discusses Bitcoin’s Legitimate Uses This Year

Europol’s European Cybercrime Centre (EC3) recently organized the “4th Virtual Currencies Conference,” hosted at the Europol’s headquarters in The Hague. EC3 was set up in 2013 as the EU’s cybercrime specialist unit to help law enforcement respond to cyber attacks.

The event, which took place on June 22 and 23, aimed “to further strengthen the fight against the abuse of virtual currencies for criminal transactions and money laundering.” This was also the same theme of the 3rd Virtual Currencies Conference which took place on July 14-15 last year.

However, unlike previous years, Europol has added other discussions to the conference. According to the agency’s announcement on Wednesday:

        "Another interesting topic covered was the legitimate use of Bitcoin technology, including the use of cryptocurrencies as a store of value, and as a payment method for legitimate goods and services."

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