Australian Politician Calls for Bitcoin Scrutiny

In a speech Tuesday, Australia's opposition leader Bill Shorten suggested that government regulations on bitcoin should be more stringent to mitigate the chance it could be used illicitly by terrorists and cybercriminals. Shorten, who leads the Australian Labor Party argued that digital currencies could become a prime target for exploitation when paired with the anonymity afforded by the dark web. Bill Shorten said:

We must target this threat head on. As terrorists adapt their methods and seek to hide online, we must ensure our agencies have the tools, resources and technology so terrorism has no place to hide