MEPs Vote In Favor Of Tighter AML Regulations For Crypto Trading
Cointelegraph
Published Apr 20, 2018 09:02AM ET
Updated Apr 20, 2018 10:32AM ET
MEPs Vote In Favor Of Tighter AML Regulations For Crypto Trading
Members of the European Parliament have voted in favour of EU anti-money laundering reforms, which will include closer regulation for cryptocurrencies, by 574 votes to 13 votes, with 60 abstentions, according to an EUP press release April 19.
The agreement, known colloquially as “5AMLD,” is the fifth update to the EU’s anti-money laundering directive. It comes in the wake of the terrorist attacks of 2015 and 2016 in Paris and Brussels, as well as the Panama Papers leaks, the press release noted.
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Written By: Cointelegraph
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