$USDC

USDC announced a new regulation.

This regulation is called the Anti-Money Laundering Regulation (AMLR).

The main goal of this regulation is to strengthen oversight over cryptocurrencies and prevent illegal activities such as money laundering and terrorist financing.

Measures to be taken include:

Blocking access to privacy-focused cryptocurrencies like XMR (Monero) and Zcash.

Establishing a new Anti-Money Laundering authority to oversee major crypto platforms.

This regulation seems like a solid step toward clean crypto.