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EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies


European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively...

Basel Committee Warms Up to Bitcoin & Crypto With More Flexible Proposal


After receiving criticism from industry players last year for being too conservative, a committee at the Bank for International Settlements (BIS), has proposed a cap on how much exposure traditional banks can have to cryptoassets “where there is no counterparty.” According to a new consultation...

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