FINMA, the Swiss Regulator Says Bitcoin Should be treated as Medium for Money Laundering

By May 7, 2015Bitcoin Business

Though the allegations of money laundering have been imposed regularly on Bitcoin, this is perhaps for the first time that the Switzerland’s financial market regulator, The FINMA believes that Bitcoin’s ability to be used anonymously and internationally increases the risk it could play a role in terrorist financing. Though the regulator has been cautious in its approach to Bitcoin, earlier it had granted first Bitcoin Trader license to SBEX. The decision was made earlier […]

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