Latest AMLD5 News
BitKassa crypto exchange has announced to shut down following the demand for registration and a very high fees by the Dutch central bank.
Dutch crypto firms must register with the Netherlands’ central bank by May 18 or cease operations immediately, the monetary authority said Monday.
Crypto payment provider CoinPip shuts down despite strong growth potential following the launch of its crypto-to-fiat system.
Korean crypto firm Contents Protocol Team is shutting down and refunding investors. The startup raised a total of 29,334 ETH via an ICO in 2018.
On the heels of new Anti-Money Laundering laws, more than 40 German banks are seeking permission to offer crypto custody services.
The UK FCA is looking for a crypto expert as part of their latest efforts to regulate digital currencies operating in the UK.
LocalBitcoins, a peer-to-peer crypto exchange has reportedly begun to suspend accounts of long-term customers without official notifications.
AMLD5 has come into effect yesterday and has to be transposed into national law. But what does it mean? How will it affect European crypto exchanges?
Starting from tomorrow, crypto firms in Austria can be fined up to 200,000 EUR (above $221,000) if they do not operate with FMA licenses.