Some companies have begun sharing information about how Bitcoins are being spent , a move that could mean that any of the digital currency that is used to buy child sex and images could be tracked and blocked . The Internet Watch Foundation ( IWF ) , which tracks abuse sites , has teamed up with Elliptic , which helps Bitcoin exchanges to monitor transactions . The fact that Bitcoins provide the buyer with some degree of security has reportedly made them an increasingly popular form of payment on abuse sites . The IWF ’s work has given it a list of Bitcoin addresses associated with sites selling abusive content . Elliptic is now using this list in its attempts to curb the illicit use of the digital currency .
Two companies have begun sharing information about how Bitcoins are being spent, a move that could mean that any of the digital currency that is used to buy child sex abuse images could be tracked and blocked. The Internet Watch Foundation (IWF), which tracks abuse sites, has teamed up with Elliptic, which helps Bitcoin exchanges to monitor transactions. The fact that Bitcoins provide the buyer with some degree of anonymity has reportedly made them an increasingly popular form of payment on abuse sites. The IWF’s work has given it a list of Bitcoin addresses associated with sites selling abuse content. Elliptic is now using this list in its attempts to curb the illicit use of the digital currency.