Coindesk
5 months agoEU data protection
EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms
The European Union's banking watchdog, the European Banking Authority (EBA), has issued guidance for crypto firms to comply with anti-money laundering and terrorist-financing requirements.
The EBA aims to harmonize the approach that crypto asset service providers (CASP) should adopt to combat financial crime.
The EBA has published guidelines on risk-based supervision of CASPs and is consulting on further guidance relating to internal policies and controls CASPs should have. [ more ]