Crypto industry lobbies to evade AML/CTF rules
The crypto industry is actively lobbying to avoid stringent anti-money laundering and counter-terrorism financing regulations. A coalition named Stand With Crypto is advocating for the European Union to support digital innovation while ensuring consumer protection. Their goal is to enhance competitiveness and provide fair access to the benefits of Web3 for citizens and small to medium enterprises.
- ▪Stand With Crypto is a coalition of citizens, builders, entrepreneurs, and advocates.
- ▪The coalition calls on the EU to protect and promote digital innovation.
- ▪Their mission includes boosting EU competitiveness and ensuring high consumer protection standards.
Opening excerpt (first ~120 words) tap to expand
.css-h47494{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;-webkit-align-items:stretch;-webkit-box-align:stretch;-ms-flex-align:stretch;align-items:stretch;}.css-qc0lp8.builder-block{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;position:relative;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;box-sizing:border-box;margin-top:20px;}.css-wt27x0.builder-block{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;position:relative;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shri…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Stand With Crypto.
Discussion
0 commentsMore from Stand With Crypto
