Money Laundering Bulletin
EBA welcomes European Commission 4MLD virtual currency plans
By Andrew Burnyeat
The
European Banking Authority (EBA) has welcomed plans by the European Commission
(EC) to widen the European Union’s (EU) Fourth Money Laundering Directive
(4MLD) to cover virtual currency exchange platforms (VCEPs) - such as Bitcoin -
and custodian wallet providers (CWPs).