The President of Peru takes action! 👏In an effort to address cryptocurrency-related money laundering and terrorist financing concerns, the President of Peru has issued a new decree requiring all cryptocurrency exchanges operating within the country to comply with anti-money laundering (AML) regulations. Virtual asset service providers, including individuals and companies operating within Peru, are now required to report information to the Financial Intelligence Unit (UIF-Peru). UIF-Peru is responsible for receiving, analyzing and transmitting information to detect money laundering and terrorist financing activities. What do you think of the impact of this move on the cryptocurrency market? Welcome to chat in the comment area!