Bitcoin buttons are displayed on a table at the Inside Bitcoins conference in Berlin on Wednesday, Feb. 12, 2014. (AP Photo/Frank Jordans)
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European Union states should clamp down on prepaid cards and virtual currencies to cut terrorist financing and have direct access to bank transfers data, France proposed before an EU finance ministers meeting next week.The document was sent to European diplomats this week and will form the basis of a discussion at a regular meeting of EU finance ministers on Dec. 8 in Brussels, where terrorism financing is one of the subjects in the formal agenda.The Commission, the EU's executive, will inform EU finance ministers next week on the next steps to fight terrorism financing, the agenda of the meeting says.European investigators can access bank transfers data involving EU citizens only after a specific request to the U.S. authorities.EU lawmakers have repeatedly asked to suspend the program.
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