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ZyCrypto 2022-03-28 14:15:59

EU Set to Vote On Critical Crypto AML Provision – Coinbase Cites Outright Ban On Non-Custodial Wallets

Reports show that the EU has revisited its Transfer of Funds Regulation (TRF), adding new provisions concerning crypto to limit the use of digital assets for money laundering. However, industry players feel the new draft is not just harmful to user privacy and security but also provides no effective restriction on money laundering.

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