The Executive power of the European Union today proposed a number of solutions in the fight against the financing of terrorism and measures to combat money laundering.
First Vice-President of the European Commission Franz Timmerman in his report is motivated by international security practices, and expressed confidence that such measures "will help the government to track down people who commit such horrendous crimes as terrorism".
Digital currency, prepaid cards and wallet providers are also mentioned in this context, and in relation to exchanges of cryptocurrencies European officials have explicitly stated that they categorically do not like the anonymity associated with such exchanges."
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