European Banking Authority (EBA)

EU Agrees to Toughen AML Rules for Crypto Sector
Crypto

EU Agrees to Toughen AML Rules for Crypto Sector

The European Council and Parliament have reached a provisional agreement broadening the reach of the European Union’s Anti-Money Laundering (AML) and Counter-Terrorist Financing law during landmark cases to combat fears relating to money laundering and counter-terrorism financing within the flourishing virtual currency market. This move closely follows the EU banking watchdog, which recently extended AML […]

Jan. 18, 2024