EU’s Anti-Money Laundering (AML) proposal has incorporated a cryptocurrency clause under its third regulation. The Commission’s legislative proposal for crypto is responsible for regulating crypto-assets service providers. This clause also extends to transfers in crypto assets, for instance on Bitcoin (BTC) transfers there shall be a mandatory requirement to provide information on the originator and the beneficiary that are already commonplace for bank transfers.
Breaking: EU's new AML Guidelines set to ban anonymous crypto wallets
coingape.com
20 July 2021 17:36, UTC