Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
EU lawmakers vote to adopt three major texts in anti-money laundering plan applicable to cryptocurrencies

EU lawmakers vote to adopt three major texts in anti-money laundering plan applicable to cryptocurrencies

Cointime2024/03/19 12:46
By: Cointime

Two legislative committees of the European Parliament passed three key texts in a broad anti-money laundering legislation plan on Tuesday, which also applies to cryptocurrencies. The vote was held after a political agreement was reached on anti-money laundering regulations (AMLR) in January, which will require cryptocurrency service providers to comply with customer verification requirements and monitor cross-border transfers and transactions involving self-hosted wallets.

The legislators voted 71 in favor (4 abstentions, 9 against) to pass an interim agreement on regulating the prevention of money laundering or terrorist financing through the financial system. The mechanism proposed by the 27 EU member states was agreed upon by 74 votes in favor and 5 against. The three documents voted on Tuesday are crucial for the EU's fight against money laundering and will establish a single rulebook to coordinate implementation across the EU.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — BARD/USDT!
Bitget Announcement2025/09/19 07:28
BTC/ETH VIP Earn Ultimate Carnival is officially here!
Bitget Announcement2025/09/18 07:12
New spot margin trading pair — FLOCK/USDT!
Bitget Announcement2025/09/18 06:55
0GUSDT now launched for pre-market futures trading
Bitget Announcement2025/09/18 05:39

Trending news

More
1
New spot margin trading pair — BARD/USDT!
2
BTC/ETH VIP Earn Ultimate Carnival is officially here!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,584.39
-1.04%
Ethereum
Ethereum
ETH
$4,460.45
-2.69%
XRP
XRP
XRP
$2.99
-2.63%
Tether USDt
Tether USDt
USDT
$1
+0.05%
BNB
BNB
BNB
$983.85
+0.22%
Solana
Solana
SOL
$238.51
-3.31%
USDC
USDC
USDC
$0.9997
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2657
-4.25%
TRON
TRON
TRX
$0.3440
-1.79%
Cardano
Cardano
ADA
$0.8929
-3.07%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter