anti-money laundering regulations
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Regulating Cryptocurrency: Why it Matters
According to reports, McGuinness, the European Union\’s head of financial services, has encouraged regulatory agencies to closely monitor cryptocurrencies.
EU Financial Services Dir -
DeFi is called “high risk” in the latest draft anti-money laundering bill of the EU
It is reported that according to the latest version of EU anti-money laundering regulations, the transfer with DeFi may be classified as high-risk. After the European Parliament members meet next week, the text may have more changes. Interpretation of this information: The latest version of EU anti-money laundering regulations may have an impact on decentralized finance (DeFi) as transfers via DeFi platforms may be considered high-risk. This information has been reported by several sources, including cryptocurrency news outlets, indicating that the new regulations could have far-reaching implications for the cryptocurrency…
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The new draft of EU anti-money laundering regulations will prohibit private wallets and currency mixers, and will not prohibit self-managed wallets
It is reported that according to the latest draft of the EU anti-money laundering regulations it has obtained, the current version of the draft may prohibit the use of encrypted assets and anonymous tools that enhance privacy, including private wallets or cryptocurrency mixers, but these restrictive provisions do not apply to self-managed wallets. In terms of transaction restriction rules, the latest version of the European Parliament’s review of the Anti-money Laundering Act led to the document changing the self-hosted wallet to the self-hosted address. Interpretation of this information: The European…
