EXCLUSIVE: EU Planning Mandatory Bitcoin User Database

By Mark Taylor (July 28, 2016, 10:45 PM BST) -- A mandatory database tracking users of cryptocurrencies such as bitcoin could be introduced by 2019, a source close to the matter told Law360 on Thursday, as European leaders turn the heat up on anonymous money transfers in the wake of several terrorist atrocities.

Europe's financial regulators have explicitly told banks not to handle bitcoin or other virtual currency exchanges due to the risks involved and the potential threat of sanctions. (Credit: AP) The European Commission, the EU's executive body, believes the terrorist attacks in Paris and Brussels were partly funded by dark web digital currency transfers, and is determined to snuff...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!