EU Tightens Anti-Money Laundering Rules For Crypto Firms To Tackle Illegal Activities

The post EU Tightens Anti-Money Laundering Rules For Crypto Firms To Tackle Illegal Activities appeared first on Coinpedia Fintech News In a landmark move, the European Union’s banking watchdog has ramped up its efforts to combat financial crimes in the cryptocurrency sector. The European Banking Authority (EBA) issued new guidelines, mandating crypto firms to adhere to stringent anti-money laundering (AML) and counter-terrorist financing (CTF) measures. EU Adopts Robust Regulations To Boost Crypto Adoption The EBA’s …