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 Rise of Bitcoin on the first day of trading in 2017

news Jump Bitcoin


Bitcoin jumped more than $ 1,000 for the first time in the last three years.

Popular digital currency started from the new year, jumping by 2.5% up to $1022 on Europe on the basis of the exchange Bitstamp Sunday is the highest since December 2013 This price was still shy of the record $1,137 This was achieved in late 2013 before slashing on the now infamous Mt. Exchange GOx saw prices plunge Bitcoin at less than $400.

Analysts expect growth of Bitcoin in 2017 by 165%, and predict that it will reach more than $2000.

Trade experts attribute the growth cryptocurrency with the recent surge in the price of Bitcoin from buyers, who sought alternative assets after the Russian envoy shooting death in Turkey, as well as the attacks that left 12 people dead in Berlin. China, where the majority of commerce, also saw an increase in demand for the Bitcoin, as pressure on the Chinese yuan weakened. India's efforts demonetization and recent stringent measures to transfer money abroad, also caused cryptoccurency mass adoption in the country.

The EU is going to identify the Bitcoin users

The European Parliament and the Council of the European Union seek to amend the directive on combating money laundering and terrorist financing prevention, which could lead to requiring a digital currency exchange, and wallets to detect suspicious activity.

The Directive created a structure which will require Member States to identify the risks associated with money laundering and financing of terrorism. But since "some services, modern technology" started gaining popularity as an alternative financial systems, the two bodies propose additional measures to improve the existing structure.

The proposal, they noted that the service providers for the exchange of virtual currency and fiat currencies are not required to identify suspicious activity that might allow terrorist groups to transfer money into the financial system of the EU or within the exchange networks by hiding the virtual gears.

In the proposal sayd "the National Financial Intelligence Unit FIU should have access to information that allows to link the virtual currency to address the individual owner of the virtual currency. In addition, the ability to allow users to declare the authorized bodies on a voluntary basis, should be further evaluated."

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