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NEWS: Crypto firms not complying with AML requirements, warns one of Europe’s Central Banks

By Alisha Houlihan for AMLi

The Central Bank of Ireland has yet to register any cryptocurrency exchanges almost a year after the EU anti-money laundering and financial terrorism directive requiring them to do so came into force. 

The supervisor said it was engaging with a “significant” number of firms about applications for registration and their anti-money laundering frameworks and it has “prioritised” the assessment of applications.

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