Sat, May 11, 2024

Crypto market

AMLD5 and crypto

Anti-Money Laundering Directive and Crypto

The lack of proper regulations is a serious challenge for crypto markets. Starting from 2020, crypto-related companies will have to comply with new rules as part of AMLD5. The purpose of the Fifth Anti-Money Laundering Directive (AMLD5) is to prevent activities connected with terrorism. Moreover, this directive will help to avoid hiding personal wealth. This …

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Center for Information and Industry Development, china

Crypto news from Brazil and China

The crypto market in China has a huge potential for several reasons. Firstly, China is an economic superpower. Moreover, the country is the leading producer of equipment used for crypto mining. Recently, President of People’s Republic of China Xi Jinping endorsed the blockchain technology. The Center for Information and Industry Development (CCID) released the 15th …

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