AG Sessions Hints at Possible Bitcoin Regulation Due to Popularity of Darknet

…In a way, it is anything but surprising to see Jeff Sessions comment on Bitcoin and the darknet. While the latter item has been a thorn in the side of many people over the past few years, it has proven pretty much impossible to shut down completely. That being said, we have seen some of the more prominent darknet marketplaces disappear in recent months due to police investigations. Some battles have been won by law enforcement, but the overall war is still going in favor of the darknet right now.

No one can deny criminals are using the darknet to buy and sell guns, illegal substances, hacking tools, and stolen information. As a result, this is how most people see the darknet. Changing this business model will not be easy by any means, yet Sessions feels that some type of effort must be made in order to crack down on this activity. Especially the use of Bitcoin on the darknet is of great concern to the US Attorney General…

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