EU Adopts New AML Directive to Combat Cryptocurrency Crimes

<br />The European Union recently adopted a new anti-money laundering (AML) directive specifically targeting cryptocurrencies. It is the fifth AML directive of the EU, and aims to detect, investigate, and prevent financial crimes in the region. Details of the Directive The directive tagged “Directive (EU) 2015/849” allows Financial Intelligence Units (FIUs) to access cryptocurrency wallet information. These security agencies will be able to identify the owner of a cryptocurrency address, based on this latest policy. A<br />Read More<br />The post EU Adopts New AML Directive to Combat Cryptocurrency Crimes appeared first on Bitcoinist.com.

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