EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms

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EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms

“The risks of this happening can be increased, for example because of the speed of crypto-asset transfers or because some products contain features that hide the user’s identity. Therefore, it is important that CASPs know about these risks and put in place measures that effectively mitigate them,” the statement said. www.coindesk.com

“The risks of this happening can be increased, for example because of the speed of crypto-asset transfers or because some products contain features that hide the user’s identity. Therefore, it is important that CASPs know about these risks and put in place measures that effectively mitigate them,” the statement said.

www.coindesk.com

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