🚀 Exciting times ahead for crypto in the EU! The European Union is set to roll out its updated anti-money laundering (AML) framework for crypto businesses by 2025. This move aims to tackle money laundering and terrorist financing while boosting industry oversight. 🌐

A new Anti-Money Laundering Authority (AMLA) will enhance collaboration and reduce financial crime risks. The framework will cover all crypto-asset service providers, closing loopholes and ensuring a safer financial system. With transparency and stricter transaction rules, the EU is paving the way for a secure and thriving crypto environment.