EU and Parliament Impose Stricter Crypto Regulations to Combat Money Laundering

In a concerted effort to regulate the cryptocurrency sector and fortify investor protection, the European Union is escalating its initiatives and adopting a more stringent approach towards digital assets. Intending to establish a transparent regulatory framework and curb activities such as money laundering and terror financing, EU lawmakers have unveiled a groundbreaking proposal to redefine the dynamics of cryptocurrency interaction and transactions across the continent. Provisional Agreement Targets Money Laundering and Terror Financing On Wednesday, January 17, the European...


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