Regulate cryptocurrency exchange sector
Lithuania to regulate cryptocurrency exchange sector with.
Lithuania is preparing new rules to govern cryptocurrency transactions, requiring businesses to prove the identity of clients, local daily news outlet delfi reported on june 12.
As part of its obligations to impose european union anti-money laundering (aml) regulations, lithuanias finance ministry will seek to completely formalize crypto.
Das baltische land will neue regeln erarbeiten, die mit den eu-anforderungen zur bekämpfung von geldwäsche konform sind.
-based advisory firm has urged the united states congress to regulate firms in the cryptocurrency sector under the bank secrecy act.
Dutch regulators set plans in motion to regulate the.
Per the official press release, the countrys watchdog has set plans in motion to have the sector under its purview by january 10, 2020.
The korea financial intelligence unit (kfiu) and other local financial agencies will regulate cryptocurrency exchanges like banks, imposing strict anti-money laundering (aml) policies to ensure criminals do not utilize cryptocurrencies to finance illicit operations.