Europol in the European Union issued a statement reminding that crypto coins could be used to commit cybercrime and money laundering and warned people of the risks of such money.
Some authorities around the world link crypto coins directly with illegal activities. There is no doubt that crypto coins are used for such purposes. However, some of the developments that have occurred some time ago, crypto coins are actually much less used for these purposes than some officials think.
Europol Alert
Europol, who is responsible for legal sanctions within the EU, has issued a warning text on crypto coins. According to Europol's Organized Internet Risk Assessment (IOCTA) article:
"The fact that crypto coins are being used by cyber criminals is one of the most important things for us right now. The most commonly used payment method for illegal services is crypto coins. "
Europol said that crypto coins can be used for illegal purposes and can be used for legal purposes as well.
Doesn't Affect Malta
Europol regards crypto coins as highly risky assets, but the EU member Malta does not seem to agree on this. The country's steps in this area, especially since last year, have allowed Malta to be recognized as adımlar Blockchain Island Ül.
Even the leading stock exchanges of the sector such as Binance and Bittrex have even decided to move to Malta.
The statement issued by Europol came to a response from a spokesman for the Digital Economy and Innovation Secretariat of Parliamentary Financial Services in Malta:
"This sector is currently regulated by neither EU nor foreign countries. Malta is taking the first steps to give this technology a legal dimension. Laws to be introduced will also prevent their use of money laundering. "