Tag: EBA

In a significant move to bolster Anti-Money Laundering (AML) efforts, the European Banking Authority (EBA) has announced the expansion of Travel Rules guidelines to encompass crypto service providers and their intermediaries. Starting from December 30, crypto exchanges operating within the European Union (EU) will be obligated to comply with Regulation ...

On Tuesday, January 16, the European Banking Authority (EBA) released additional regulations for crypto companies to comply with in order to meet its anti-money laundering and terrorist-financing requirements.  The agency noted in its press release that by extending the scope of its existing regulations to include digital assets, it "harmonizes ...