The Cyprus Securities and Exchange Commission (CySEC) is calling for the transposition of the European Union (EU)'s Fifth Anti-Money Laundering (AML) Directive (AMLD5) into national law — bringing local regulation of cryptocurrencies under its provisions. With this, the regulator intends to bring the crypto industry in the country under the law. CySEC cited the ambiguity in local regulations as one of the key reasons for the proposal. Stakeholders in the crypto industry are not certain whi...
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