๐Ÿ‡ช๐Ÿ‡บ EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts

A new set of anti-money laundering laws passed by the EU has banned crypto asset service providers from servicing and providing custody to anonymous cryptocurrency accounts. The approved proposal for the โ€œprevention of the use of the financial system for the purposes of money laundering or terrorist financingโ€ alleges these assets present โ€œrisks of misuse for criminal purposes.โ€

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