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

EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts
© Copyright Image: Crypto Breaking News

A 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 [] Source: Bitcoin.com

The post EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/eu-anti-money-laundering-laws-ban-provision-of-services-for-anonymous-cryptocurrency-accounts/

Text source: Crypto Breaking News

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Sun, 24 Mar 2024
Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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