The European Commission is going to obligate cryptocurrency services to identify their customers. This offer is included into the EU Directive on preventing the use of the financial system for money laundering or terrorist financing.
European officials plan to establish the central database of digital currency owners and wallets they use. It is expected that users will voluntary-compulsory give identification data and providers will inform certain authorities about suspicious cash transfers.
The new order will initially influence cryptocurrencies and wallets: they will have to forget about anonymity approach and collect information about their own customers.
If these offers are accepted, the EU countries will have to implement the corresponding legislative changes until the end of 2016.
