#EUPrivacyCoinBan

The European Union is moving forward with a new regulatory framework that will bring under the direct control of the Anti-Money Laundering Authority (AMLA) the crypto asset service providers (CASP) operating in six or more countries. According to the AML Manual of the European Crypto Initiative (EUCI), "in the initial phase, the AMLA plans to select 40 entities, with at least one entity from each member state," starting from July 1, 2027.