In A Bid For Transparency, European Crypto Exchanges Call For Regulations

Cointelegraph

Published May 07, 2018 05:44AM ET

Updated May 07, 2018 07:02AM ET

In A Bid For Transparency, European Crypto Exchanges Call For Regulations

European cryptocurrency exchanges renewed calls for suitable regulations as the international legal landscape continues to vary, Bloomberg reports May 7.

Speaking to Bloomberg, UK trading platform eToro and Austrian exchange Bitpanda voiced concerns that both inadequate and overbearing antimoney laundering and/or know your customer (AML/KYC) regulation would not allow them to “know where they stand” as businesses.

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