European watchdog lists crypto next to lawyers, accountants as an AML threat

European watchdog lists crypto next to lawyers, accountants as an AML threat

The annual supervision report from MONEYVAL concluded that 18 of the 22 jurisdictions have an insufficient level of compliance with AML standards. Europe’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT)  watchdog, MONEYVAL, has listed monitoring the crypto sector along with “gatekeeper” professionals, such as lawyers and accountants, as priorities in European nations' push to combat money laundering.In a media release based on the findings of its annual report, MONEYVAL called upon European jurisdictions to assess compliance with international standards and....


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