Saturday, July 13, 2019

Multi-Million Bitcoin ATM Scheme Exposes Holes in EU's Money Laundering Net

Spain’s Guardia Civil (Civil Guard) police unit has indicated that current rules in Europe are inadequate with regards to discouraging the use of Bitcoin ATMs to launder money. According to Bloomberg, this deficiency results from the fact that the owners of the Bitcoin ATMs are not required by the strict AML regulations to vet users […]

The post Multi-Million Bitcoin ATM Scheme Exposes Holes in EU’s Money Laundering Net appeared first on CCN Markets



source https://www.ccn.com/news/bitcoin-atms-vulnerabilities-eu-anti-money-laundering-laws/2019/07/11/

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