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EU members adopt tougher crypto rules than AML directive requires

Europe is gradually tightening the rules for the crypto space. A wave of new regulations is introducing stricter requirements for companies operating in the industry, and cryptocurrency users are going to feel the difference in the coming months.

  • Shared by Bitcoin.com
  • August 14, 2019
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The measures stem from the obligation of member states to transpose EU’s Fifth Anti-Money Laundering Directive (AMLD5) into national law by January. Unfortunately, they often go beyond what Brussels wants them to do.

Read more at Bitcoin.com.

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