European Watchdog Agency Cites Crypto As AML Risk (Cryptocoin)

Originally published at: European Watchdog Agency Cites Crypto As AML Risk (Cryptocoin) – We Never See Nothing

In their 2021 annual report, MONEYVAL has named crypto assets and DeFi a significant risk for anti-money laundering efforts. Some cryptocurrencies exist only for money laundering, says MONEYVAL chair The European Council’s Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) has released its 2021 annual supervision report.…