The Merkle: KyberSwap is Leaving Europe Over 5AMLD Concerns Featured

  • Saturday, 18 January 2020 19:00
Regulation can affect a lot of companies in very different ways. The recently introduced AMLD change in Europe is causing plenty of headaches for crypto service providers. It is evident that European officials want to put an end to money laundering. KyberSwap is Moving out of Europe To do so, they will introduce the fifth anti-money laundering directive. This new requirement has severe consequences for cryptocurrency service providers in Europe. All providers need to perform proper AML and KYC checks at all times. This also means companies need to maintain records of their customers’ accounts, transactions, and financial sources. For The post KyberSwap is Leaving Europe Over 5AMLD Concerns appeared first on The Merkle Hash.

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