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Cryptopolitan 2024-03-19 14:24:47

EU lawmakers pass legislation extending anti-money laundering controls to crypto

Two committees within the European Parliament have recently approved key components of a wide-ranging anti-money laundering legislative package that includes measures applicable to the cryptocurrency sector. This legislative progress follows a January agreement on the Anti-Money Laundering Regulation (AMLR), which mandates that crypto service providers adhere to customer verification protocols and monitor transactions involving self-hosted

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