Frankfurt Hosts EU's Crypto Anti-Money Laundering Watchdog

The European Union has designated Frankfurt, Germany, as the location for its newly established Anti-Money Laundering Authority (AMLA), which will directly oversee the crypto sector. The decision underscores the EUs commitment to bolstering measures against illicit financial activities. Objective of AMLA The Frankfurt-based agency, composed of the authority itself and national authorities from the EUs 27 member states, will ensure compliance with all anti-money laundering and counter-terrorist financing obligations set forth by the bloc. This move reflects the EUs proactive...

source: https://tokenpost.com/Frankfurt-Hosts-EUs-Crypto-Anti-Money-Laundering-Watchdog-11295

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.



Published by: Book Club
Source: NewsService