AMLD5 News

Dutch authorities have told crypto exchanges to be ready to comply with tougher anti-money laundering (AML) laws or face mandatory shutdowns. DNB Gives Crypto Exchanges Two Weeks Ultimatum In a press release published by the Netherlands’ central bank, De Nederlandsche…

European-based cryptocurrency exchange platform, Coin Field, partnered with blockchain analysis startup, Chainalysis, to integrate the Chainalysis Know-Your-Customer (KYT) surveillance tool to monitor crypto transactions. Meanwhile, the coming of the AMLD5 into effect means that crypto exchanges in Europe would be…

With the European Union (EU) member states adopting the Fifth Anti-Money Laundering Directive (AMLD5), crypto exchanges in the region could see their compliance costs rise significantly. Meanwhile, financial regulators in the U.K. have moved to directly oversee AML compliance for…