Category: european commission

Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push

Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the…

Strategist Mike McGlone Believes Bitcoin Can Jump To $60K Resistance Vs. $20K Support

The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up…

EU Proposes Law To ‘Ensure Full Traceability’ Of Crypto Transfers, Ban Anonymous Wallets

The European Commission has proposed legislation to “ensure full traceability of crypto-asset transfers, such as bitcoin,” in order to prevent and detect “their possible use for money laundering or terrorism…

EU Mulls AML Authority And New Rules For Crypto Transfers, Documents Suggest

The European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a media report based on EU documents, the bloc also plans…