He also sought to know how the ministry planned to
combat use of cryptocurrencies to escape taxation and money laundry.
A new bill introduced by a U.S. lawmaker calls for the formation of a task force to
combat the use of cryptocurrencies in financing terrorism.
U.S. lawmakers are eyeing the formation of a new task force to
combat the use of cryptocurrency in financing terrorism and other illicit uses.
Not exact matches
A bill currently in the House
of Representatives calls for a report on (and strategy to
combat) the
use of cryptocurrencies in financing terrorism, laundering money, evading US sanctions, and otherwise threatening American national security.
Paxful, the peer - to - peer
cryptocurrency exchange, knows that people are
using various ways to
combat such scams, and the exchange puts a lot
of effort into clamping down on such Bitcoin scam attempts.
President Vladimir Putin said this week that Russia should regulate bitcoin trading in order to
combat money laundering and the funding
of terrorism, but, while this was widely reported as an anti-bitcoin move, he also said there should be no «excessive barriers» to the
use of cryptocurrencies.
A large majority
of the
cryptocurrency community believes that by then, Ethereum will have already set up proper countermeasures to
combat the
use of ASICs as a part
of the Ethereum ecosystem.