The European Banking Authority (EBA) has issued new guidelines for payment service providers (PSPs) and crypto-asset service providers (CASPs) to ensure compliance with the European Union’s sanctions when transferring funds or crypto assets. Released on November 14, the guidelines outline how these providers should implement EU and national sanctions to ...
The European Banking Authority (EBA) has issued new guidelines for payment service providers (PSPs) and crypto-asset service providers (CASPs) to ensure compliance with the European Union’s sanctions when transferring funds or crypto assets. Released on November 14, the guidelines outline how these providers should implement EU and national sanctions to ...
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 ...
