27 Dec '16, 10pm

Europe Proposes Confiscating Gold, Cash, Bitcoin, And Prepaid Cards To Fight "Terrorist Financing"

Europe Proposes Confiscating Gold, Cash, Bitcoin, And Prepaid Cards To Fight "Terrorist Financing"

Following exceedingly unpopular moves by China and India , the European Commission has now proposed to tighten controls on cash and precious metals — going so far as to allow confiscations of gold and assets — of anyone even believed to be associated with terrorism or terrorists. These confiscations and strictures around personal wealth would be part of the European Union’s “action plan against terrorist financing,” proposed following the terrorist attacks on Paris in November 2015 — except the impetus to apply the measures came when a truck plowed through a bustling Christmas market in Berlin on December 19, killing 12 people and injuring scores more. It appears the Commission surreptitiously proposed tighter controls on cash and precious metals after the market attack but in just before the holidays — possibly to avoid an acrimonious backlash. Reuters reports : Under the...

Full article: http://www.activistpost.com/2016/12/europe-proposes-confi...

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