Spanish Police: Bitcoin ATMs Highlight Flaws in EU Money Laundering Rules Spanish Police: Bitcoin ATMs Highlight Flaws in EU Money Laundering Rules NewsBTC

Following a Spanish investigation into a gang’s recently-busted money laundering operation, the nation’s police force claim to have exposed gaps in the European Union’s regulations designed to prevent money laundering. The group reportedly exploited the lack of  rules regarding Bitcoin trading terminals, popularly referred to as Bitcoin ATMs. Authorities believe the criminal group used the...