New EU regulations put an end to buying Bitcoin anonymously

New EU regulations put an end to buying Bitcoin anonymously


One of the last places you could buy Bitcoin (somewhat) anonymously online has implemented new compliance regulations that make it impossible for users to obscure their identity. LocalBitcoins.com announced yesterday that it implemented new measures to satisfy the European Union’s (EU) 5th Anti-Money Laundering Directive (5AMLD). The changes came into force on March 18, and LocalBitcoins is the first exchange in Europe to align its business to 5AMLD guidelines. To comply with the regulations the online Bitcoin marketplace is making new users sign up through a new account registration process. It will require users to verify basic information about themselves,…

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European Parliament votes ‘yes’ on controversial Copyright Reform

European Parliament votes ‘yes’ on controversial Copyright Reform


The EU Parliament just approved the controversial Copyright Reform, despite public protests and loud opposition from platforms such as GitHub, Google, Reddit and Wikipedia. Dark day for internet freedom: The @Europarl_EN has rubber-stamped copyright reform including #Article13 and #Article11. MEPs refused to even consider amendments. The results of the final vote: 348 in favor, 274 against #SaveYourInternet pic.twitter.com/8bHaPEEUk3 — Julia Reda (@Senficon) March 26, 2019 Today’s plenary vote was MEPs’ last say on the matter and cements the position of the EU Parliament. The only thing left to make it an official law is for the EU Council to approve…

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