Altcoins News

Story: Dark Web Markets for Cryptocurrency and Opaque Nature of Private Coins were discussed

By Steven Anderson

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More than 200 people from across the globe met at The Hague at Europol's headquarters on March 6, 2019, and March 7, 2019.

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A press release reported the event as an initiative of the Working Group on cryptocurrencies and money laundering which was established in 2016 by Europol, INTERPOL and the Basel…

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The event on the first day was exclusively open only by invitation to the representatives from the private sector.  The second day mainly focused on the public sector.

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Representatives from cryptocurrency exchanges, analytics companies, cryptocurrency brokerages, and others participated in the event.

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The conference had a packed agenda in which it covered everything ranging from KYC/AML.  Updates were provided about regulations in comparison with practical experiences and…

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There were a broad array of speakers in the event.  They spoke from different locations.  Some of their topics were repeating.

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There are several challenges when it comes to investigating financial crimes using the cryptocurrency.

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Wil van Gemert, Europol’s Deputy Executive Director of Operations, closed the event by urging the participants to be proactive in their approach by building coalitions with…

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On the first day, representatives from Elliptic, MME, Bitnovo, Bitpay, FATF, Ciphertrace, Chainalysis, and the Luxembourg FIU made their presentations.

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This is the need of the hour when instances like the seizure of 30 KGs in drugs and $2M from the cryptocurrency crime ring.

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