cryptocurrencies

New York Woman Charged with Sending Bitcoin to Islamic State Fighters

Zoobia Shahnaz, a 27-year-old resident of Brentwood on Long Island, was charged with bank fraud and money laundering in a grand jury indictment unsealed on Thursday. She was arrested at John F. Kennedy International Airport on July 31, allegedly in the process of fleeing to Syria after using the Bitcoin digital currency to send thousands of dollars to Islamic State fighters overseas.

Islamic State Bitcoin

EU Governing Body Proposes End of Anonymity for Bitcoin

In the purported interest of keeping people safe, the European Commission wants to make us all easier to find. In an announcement released today, the EU’s executive body says it wants to stop the anonymous use of virtual currencies like Bitcoin in order to improve security.

Bitcoin (Rick Bowmer / AP)