Crypto Recognition: China Acknowledges Digital Currency In Historic AML Law Overhaul

The public prosecutor and supreme court of China have updated the provisions of the nation’s anti-money laundering (AML) legislation to include the recognition of crypto transactions for the first time. Related Reading: 2024 US Election Could See Major Impact From Pro-Crypto Young Voters: Report The change is effective immediately, with the main aim being the […] source: https://bitcoinist.com/crypto-recognition-china-acknowledges-digital-currency-in-historic-aml-law-overhaul/