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Cryptopolitan 2024-01-19 18:54:45

Crypto Industry reacts to EU’s new AML rules

The European Union recently reached a milestone by finalizing a comprehensive anti-money laundering regulatory framework, sparking concerns within the crypto industry. The new rules, seen by some as more stringent than those applied to traditional financial institutions, encompass strict customer verification requirements and measures to mitigate risks in transactions involving self-hosted wallets and cross-border transfers.

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