The European Parliament released news that the European Union has reached an agreement on anti-money laundering rules for cryptocurrencies
The European Parliament released news that the European Union has reached an agreement on anti-money laundering rules for cryptocurrencies, which means that the savage cryptocurrency market will face stricter regulation.

The rules require cryptocurrency companies, such as exchanges, to obtain and retain information on cryptocurrency traders, if required by regulators in an investigation.

Once the new rules are written, they will need approval from several agencies before they can go into effect.

The Spanish Green Party lawmaker Ernest Urtasun said that "using the new rules, law enforcement officials can link specific transactions with criminal activity and identify the real owners behind the transactions."
Axact

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