EU Parliament and Council tentatively agree on crypto anti-money laundering rules. Regulations mandate identity checks for transactions over 1,000 euros, aiming for parity with traditional banks. Concerns arise over potential stringency on crypto firms compared to banks. Final approval pending, with ongoing technical discussions.
Huang Bo2024 AML Trends: Crypto Regulation, Real Estate Scrutiny, AI Integration.
SnakeAML checks in crypto wallets offer vital protection against fraud and illicit activities, balancing security with regulatory compliance, while posing challenges to decentralization
EdmundThe bloc’s lawmakers seal capital requirements deal for EU banks holding crypto.
TheBlockThe site will solely provide fiat withdrawals and no other services.
CryptoSlateThe European Union (EU) is planning to create a sixth "Anti-Money Laundering Authority" that will be specifically responsible for regulating ...
Bitcoinist
One of the quickest ways to ensure crypto’s mainstream adoption is by working with the regulators, which includes implementing effective and investor-centric KYC and AML tools.
CointelegraphThe Transfer of Funds Regulation (TOFR) was the subject of a preliminary agreement between the European Union's Parliament, Council, and ...
BitcoinistBitcoinist