NEWS: AMLA warns of major risks posed by crypto; ‘strategic priority’ to ensure CASPs play by the rules 

By AML Intelligence Correspondents EUROPE’s new AML Authority (AMLA) today warned that CASPs “are exposed to significant money laundering and terrorist financing (ML/TF) risks.” In a statement the agency cryptocurrencies’ technological features, cross-border operations and anonymity-enhancing capabilities pose major risks. Crypto-asset service providers (CASPs) and their supervision are therefore featuring prominently in AMLA’s recently published Read More