EU Law Enforcement Cooperation Agency (EuropolIt is reported thatIt is reported that, some 16 cryptocurrency exchanges, payment processors, and digital wallet providers have joined the action.
The directive proposes that in order to address the risks associated with anonymity, financial intelligence units (FIUs) will be allowed to obtain some information on cryptocurrency holders and link digital currency addresses with the identity of the digital currency owner. At the same time, the directive also recognizes that the inclusion of service providers in the scope of cooperation does not completely eliminate the anonymity of digital currencies.
About68%The platform allows users to conduct digital currency/fiat currency transactions without KYC (know your customer, identity verification), which provides a lot of room for money laundering.
Europol was formerly known as Europol and the Narcotics Unit. The department believes that the anti-money laundering action released this time is mainly about the tracking and attribution of encrypted assets. In addition, the participants will also focus on the corresponding solutions for enhancing the anonymity service of encrypted assets, such aswait.wait.
The KYC and KYT (Know You Transaction, whole transaction tracking) links in this type of cryptocurrency fusion machine have also attracted a lot of controversy. It hands over encrypted asset holder information to government authorities that do not recognize bitcoin as a means of payment for criminal investigations and private ICO detection.
In terms of specific solutions to the money laundering problem, some participants suggested that the European Police Office create a distributed address ledger that focuses on supervision, so as to ensure that relevant service providers can automatically receive the latest policy notifications and refuse to hold relevant cryptocurrencies. Some provide transaction services, etc.
However, these methods have actually been tested in the industry.For example, blockchain startupsChainalysisLaunched in April this year to implement the cryptocurrency compliance tool. Chainalysis mainly provides transaction analysis software for cryptocurrency exchanges, international law enforcement agencies, and other customers to calm transaction risks and identify illegal activities. The company has helped investigate the worlds largest trading platformMt.Goxbankruptcy.
bitcoin brokerBitpanda(formerly coinimal) CEO Eric Demuth analyzed that this method will give the supervisor Gods perspective, and can monitor the flow of every transaction in a panoramic view. But if you want to track every step of the transaction, there are still great difficulties. And people laundering money through Bitcoin channels happened as early as 3 years ago.
In addition, before the emergence of such a distributed system that rejects transfers to specific addresses, the European police had cracked an international money laundering case in March this year.$1 billion$1 billion, The stolen funds are mainly used to buy luxury cars and villas.
South KoreaJapan、South Korea、Canada, AustraliaCountries such as China and other countries are also actively exploring effective ways to control currency laundering, mainly including prohibiting some digital currency transactions, including cryptocurrency suppliers in the scope of supervision, and improving anti-money laundering regulations.
I am Zhang Yi, a reporter from Odaily. I am exploring the real blockchain. For breaking news and communicating, please add WeChat ro20110723. Please note your name, unit, position and reason.
I am Zhang Yi, a reporter from Odaily. I am exploring the real blockchain. For breaking news and communicating, please add WeChat ro20110723. Please note your name, unit, position and reason.
