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The European Union's Innovation Hub for Internal Security has released its first report on encryption, criticizing privacy coins, crypto mixers, and layer-2 solutions, such as the Bitcoin Lightning Network. The report highlights concerns that these technologies could complicate law enforcement investigations by making it harder to trace the origins of funds. Europol has echoed these concerns, stating that crypto mining and layer-2 solutions pose additional challenges for law enforcement. The report underscores the potential for these technologies to be abused by criminals.
The European Union's Innovation Hub for Internal Security warned law enforcement agencies that crypto platforms like mixers, privacy coins and layer 2 networks can complicate tracing the origins of funds. @camomileshumba reports. https://t.co/zyeioAWvUy
📣 Latest News: EU elections 2024: Pro-crypto parties pick up seats amid Green losses #news #cryptonews #crypto
An EU Innovation Hub for Internal Security report argues that layer 2 solutions, like Bitcoin Lightning Network, could cause "problems for law enforcement investigations." Read more: https://t.co/GmuQMVLHZC
