The anti-money laundering regulations should be updated to include Bitcoin and other virtual currencies, the UK Treasury has said. The Metropolitan Police says criminals are using crypto-currency cash machines to launder money in London.
The government’s aim is part of a broader update to the EU rules which are under negotiation. The update, revealed in Parliament last month, would mean that traders would no longer be able to operate anonymously.
Bitcoin expert Dr Garrick Hileman, a research fellow at the University of Cambridge, said that in jurisdictions such as New York, crypto-currency is already subject to tighter regulation.
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Chelsea midfielder Cesc Fabregas was only too happy to drum up a bit of friendly rivalry with some of his team-mates over the weekend as the Blues continued their pre-season tour. Chelsea midfielder Cesc Fabregas drums up friendly rivalry with his team-mates as they prepare for clash with New York Red Bulls
They say that possession is nine tenths of the law, but when it comes to winning football matches one Premier League team is proving that isn’t quite the case. 10,000 reasons why passing isn’t the only key to winning games… which team is first to rack up mammoth total this season while languishing in lower half of table?
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