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The EU is launching rules to combat money laundering in cryptocurrency


The European Union (EU) has unveiled its plans to apply stricter rules to prevent money laundering and terrorist financing on cryptocurrency exchange platforms.

According to Reuters, The agreement is part of a wider package of measures to combat financial crime and tax evasion. The EU legislature also supported stricter controls on prepaid cards and increased transparency requirements for owners of trusts and companies.

Europe’s Justice Commissioner Vera Jourova says the agreement …



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