The U.K.’s tax agency is stepping up its blockchain analytics operations. If other countries follow, will it spell the end for anonymity in crypto?
Europe is a part of the world in the northern hemisphere of the Earth, comprising part of the largest of the world’s continent Eurasia, together with Asia. Overall, Europe has 65 countries within its territory. Most of the countries are members of the European Union, which has the world’s second largest economy by GDP and purchasing power parity. In terms of Bitcoin, Europe is just now preparing to regulate it. Cryptocurrency is not considered banned, though authorities of the European Union have agreed to limit the turnover of digital currencies. They prohibited anonymous transactions on online trading platforms so that cryptocurrency exchanges in Europe must identify all users and, if it’s needed, provide information about them. Within the Union, however, countries have differing attitudes toward Bitcoin.
- Indian PM Awards Crypto App Creator as Supreme Court Deliberates on Ban
- One Wallet Owns 27% of Ether Behind MakerDAO’s Sai Stablecoin
- Crypto and Blockchain Firms Pitch In to Help Coronavirus Victims
- Litecoin Creator Proposes Miners Voluntarily Donate 1% for Development
- Top 5 Cryptos This Week (Jan 26): HEDG, DASH, BSV, ETC, XTZ