CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinOtag 2024-07-05 11:37:44

EU Expands Travel Rule to Crypto Exchanges Under Regulation (EU) 2023/1113

The European Banking Authority (EBA) has recently unveiled significant measures to reinforce Anti-Money Laundering (AML) controls by extending the Travel Rule guidelines to include crypto service providers and intermediaries. This regulation obligates crypto exchanges in the European Union to comply with Regulation (EU) 2023/1113, demanding detailed disclosures on fund and crypto asset transfers commencing December

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.