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Home Blockchain

EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts

by wireopedia memeber
March 24, 2024
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
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EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts
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EU Anti Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency AccountsA new set of anti-money laundering laws passed by the EU has banned crypto asset service providers from servicing and providing custody to anonymous cryptocurrency accounts. The approved proposal for the “prevention of the use of the financial system for the purposes of money laundering or terrorist financing” alleges these assets present “risks of misuse […]

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