RE: New EU regulations put an end to buying Bitcoin anonymously
“There are three main regulations in the EU’s 5AMLD that will affect cryptocurrency businesses.
The first, is that it requires cryptocurrencies to submit suspicious activity reports and perform customer due diligence, also known as know-your-customer (KYC).
The second, is that financial investigators can be mandated to obtain addresses and identities of cryptocurrency owners, removing anonymity of exchange users.
And finally, cryptocurrency exchanges and wallet providers will need to be registered with relevant financial regulators in their home country. Such as the Financial Conduct Authority in the UK, or the Securities and Exchange Commission in the US.”
The powers-that-be tightening their grip on the people . Well, you *** bastards – Bitcoin is by the people and FOR the people!