EU Commission to propose Central Database of Virtual Currency Users

http://bitlegal.io/2016/07/24/eu-commission-to-propose-central-database-of-virtual-currency-users/

I’m to lazy to write, but worth reading :stuck_out_tongue:

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Report by 2019.

EU exchanges to submit all registrations along with the input/out public keys associated with them.

Propose a self declaration for people to record their public keys.

Guess they will learn about cyber attacks. A group generate BTC addresses and submit them by the billions with other people’s names (what is the prime minister’s name for instance). Self declaration then abandoned

Such a database would be a hackers gold mine. Name addresses and public keys. Criminals will know which house to burgle looking for private keys of the largest wallets.

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What about online stores that accept Bitcoins and create a new address for every payment? Another bizarre EU idea.

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