EBA tells crypto providers to offer supervision ‘contact points’
Tightening AML/CFT regime reflects increasing risks in sector
The European Banking Authority is launching a public consultation on its draft rules surrounding crypto asset service providers and their compliance with national regulations on anti-money laundering and countering the financing of terrorism (AML/CFT).
The consultation will run until February as part of a larger campaign by EU authorities to clamp down on malfeasance facilitated via cryptocurrency.
The authority said crypto-asset service providers (Casps) would need to “appoint a central contact
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