Lawmakers Want Unregulated Crypto Firms to Leave the EU


“AMLA shall establish and maintain an indicative and non-exhaustive public registry of non-compliant shell banks and crypto-asset service providers operating inside and outside the Union on the basis of information provided by the competent authorities, supervision, the Commission or the obligated entities. ” said the draft. These measures are necessary given the high risk of money laundering and terrorist financing inherent to these entities, according to the bill.