EU
3 articles tagged "EU"
Revolut Gains MiCA License in Cyprus, Boosting Crypto Services Across EU
Revolut has achieved a significant milestone by securing a MiCA license in Cyprus, which allows the financial technology company to expand its regulated cryptocurrency services throughout Europe. This strategic move positions Revolut to enhance its offerings in the rapidly evolving crypto market.
EU Implements Travel Rule to Tackle Crypto Money Laundering
The European Union has rolled out new Travel Rule guidance aimed at mitigating money laundering in the cryptocurrency sector. Effective from December 31, 2024, the regulations will enforce rigorous compliance among crypto service providers.
EU's New Crypto Regulations Aim to Curb Money Laundering Risks
The EU has reached a provisional agreement on new regulations for crypto firms, requiring enhanced due diligence for transactions over €1,000 to combat money laundering. These measures include checks for self-hosted wallets.