EBA suggests anti-money laundering measures for virtual currencies
Measures build on amendments suggested by European Commission
The European Banking Authority (EBA) has suggested changes to the European Commission's proposals to prevent money laundering by companies working with virtual currencies. European regulators needed the "right tools" to make sure virtual currencies were not used for money laundering or terrorist financing, the EBA said on August 11.
The European Commission's anti-money laundering (AML) directive, which also has provisions on countering the financing of terrorism (CFT), covers transactions using
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