European watchdog lists crypto next to lawyers, accountants as an AML threat
Cointelegraph
Published May 04, 2022 10:19AM ET
Updated May 04, 2022 12:00PM ET
Europe’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) watchdog, MONEYVAL, has listed monitoring the crypto sector along with “gatekeeper” professionals, such as lawyers and accountants, as priorities in European nations' push to combat money laundering.
In a media release based on the findings of its annual report, MONEYVAL called upon European jurisdictions to assess compliance with international standards and implement stricter regulatory policies to combat money laundering facilitated by crypto assets.
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Written By: Cointelegraph
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