Exclusive
DeFi dubbed 'high risk' in EU’s latest anti-money laundering bill draft
Quick Take
- Transfers to and from decentralized applications may be classified as high risk, according to draft legislation seen by The Block.
- The text is likely to see more changes after MEPs meet next week.
Transfers to and from decentralized applications may be classified as high risk, according to latest version of the AML regulation.
Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.
You can unlock at any time.*
No wallet? No problem. You can set one up for free.
*a 2% locking fee will be added at the time of locking.