Dutch tax authority wants to have bitcoin mixers recognized as money laundering indicators. Guilt is presumed, have to prove your innocense. Read: https://bitcoinmagazine.com/articles/dutch-authorities-ramp-fight-against-bitcoin-money-laundering/
For all the Dutchies who use Bitcoin tumblers, please watch out:
Dutch tax authority wants to have bitcoin mixers recognized as money laundering indicators. Guilt is presumed, have to prove your innocense. Read: https://bitcoinmagazine.com/articles/dutch-authorities-ramp-fight-against-bitcoin-money-laundering/
[9 Points] murderhomelesspeople:
[4 Points] p_hinman3rd:
I don't see anything about this on dutch news websites, not even with google searches. I did find an article about 3 dutch people being arrested in 2015 for using a bitcoin tumbler, so take that into account. Not the first time I've seen English articles about the Netherlands that are just plain bullshit. It maybe is illegal to tumble but I don't think they'll be chasing people that tumble 100 euros every month. Same with weed, it's technically illegal but the cops 'allow' it up to a certain point.
[4 Points] HollandsHerbs:
Since this post was made by a Monero enthusiast I would like to point out that Monero doesn't fix this problem. Monero users would also be affected if the FIOD pulled this off.
But it seems highly unlikely this will pass, the FIOD is effectively saying that every crypto-currency user is guilty unless he or she can prove otherwise. This is completely the opposite of what we currently have in our justice system where everyone is innocent unless LE can prove otherwise.
It would also be very easy to circumvent this by simply buying and selling Bitcoin person to person with cash. Or using wallets like SamouraiWallet and letting your Bitcoins take several hops after you used a mixer. http://samouraiwallet.com/features.html
[1 Points] vk3417:
Isn't it pretty easy to open an account on an exchange and mix your bitcoins through trading? Seems like many tumblers are unsecured and expensive.
[1 Points] IntoxicatedCamper:
I've been saying this for a long time, and everyone always told me I was an idiot. The DNMs are going to come down soon. At least for personal buyers. The government can easily crack down on this shit, and they are. Maybe for bulk/serious players they can't stop it, but for personal buyers they can definitely make it dangerous enough // difficult enough to not make it worth it.
Okay there is something much worse here
So not only are they trying to make tumbling illegal. They are going to make LBC like transactions illegal and it seems like they're confident it will happen. That is not good.