The European Banking Authority (EBA) has published guidance for cryptocurrency firms to comply with anti-money laundering and terrorism financing laws.
According to the press release published by EBA, the inclusion of cryptocurrency companies within the scope of these laws means that crypto money companies throughout the European Union How will it combat financial crimes? provides a harmonious policy on
The European Banking Authority works to ensure the stability of the financial system, the transparency of the banking market and the security of investors.
In the press release, “For example, the speed of transfers made with crypto assets or the speed of certain products, users’ identity The risk of experiencing these may increase due to its hiding properties. Therefore, it is important that Crypto Asset Service Providers are aware of these risks and take measures to effectively prevent them.” It was said.
The prepared guide also included some articles for credit and financial institutions that serve as customers of cryptocurrency companies. items in the guide To be implemented as of December 30 Waiting.
At that time, the European Union prepared for cryptocurrency markets. Editing suite called MiCA will also come into effect.