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FAFT – VIRTUAL ASSETS RED FLAG INDICATORS
- 17 September 2020
- Posted by: admincryptovalues
- Category: EU Law, World News
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The FATF Recommendations are recognised as the global anti-money laundering (AML) and counter-terrorist financing (CFT) standard. “INTRODUCTION: Virtual assets (VA) and related services have the potential to spur financial innovation and efficiency, but their distinct features also create new opportunities for money launderers, terrorist financiers, and other criminals to launder their proceeds or finance their
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EUROPEAN COMMISSION DRAFT- REGULATION ON MARKETS IN CRYPTO-ASSETS
- 15 September 2020
- Posted by: admincryptovalues
- Category: ECB - Lagarde, EU Law
This draft is a further sign of how the crypto industry is taking giant steps towards European regulation. Download here the PDF: DRAFT REGULATION MARKETS IN CRYPTO ASSETS Source: POLITICO Europe
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THE EU’S PROPOSED FRAMEWORK FOR A MARKET IN CRYPTO ASSETS
- 23 July 2020
- Posted by: admincryptovalues
- Category: Central Banks, ECB - Lagarde, EU Law
The following article by Lawrence Wintermeyer, Exec Co-Chair of Global Digital Finance, shines a light on the upcoming EU proposed Framework for Crypto-assets. After years of anticipation on December 19, 2019 the European Commission (the Commission) issued a public consultation on crypto assets, which concluded on March 19, 2020. The consultation paper follows detailed due diligence
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AMLD5 – HOW THE NEW RULES WILL IMPACT ON THE INDUSTRY
- 19 December 2019
- Posted by: admincryptovalues
- Category: Cryptovalues News, EU Law
AMLD5 will be in force on January 10th, 2020. What will be changed? What will impact the industry? For the first time , in AMLD5, The following points are added to art.1 : (g) providers engaged in exchange services between virtual currencies and fiat currencies; (h) custodian wallet providers; Here you can find the point