European Banks Rumored to be Monitoring and Reporting Transactions Related to Bitcoin

By June 25, 2015Bitcoin Business

An anonymous Reddit user who self-identifies as bank employee posted a warning saying that his bank received a memo from the national financial institute, with instructions to report anyone who receives more than €1,000 that may be linked to Bitcoin.

The five-page memo outlines how surveillance works, how the network is monitored and says that some bitcoin exchanges have been unwilling to cooperate with the authorities. The memo is accompanied by a report, issued by […]

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