The European Banking Authority (EBA) is seeking public input on proposed amendments to its anti-crypto money laundering guidelines, focusing on including crypto-asset service providers (CASPs).
EBA has initiated a public consultation to gather feedback on proposed amendments to its guidelines on money laundering and terrorist financing (ML/TF) risk factors. The news is part of the latest efforts to strengthen the EU’s defenses against crypto-enabled crimes.
Strengthening Anti-Crypto Money Laundering Rules
The main goal of these changes is to include crypto-asset service providers within the scope of the guidelines. Stakeholders and interested parties have until August 31, 2023, to participate in the consultation process.
EU defines a CASP as a legal entity or person offering services such as crypto-fiat exchange, crypto-crypto exchange, custodian services, operating trading platforms, participating in crypto asset issuance, or…
