EU Watchdog Flags Crypto as Top Money Laundering Threat
🔑 Key Takeaways The EU’s new Anti-Money Laundering Authority (AMLA) has published its first risk assessment, naming crypto-assets as the top laundering threat . The report warns that decentralized exchanges (DEXs), privacy coins, and cross-border stablecoin flows are increasingly exploited by criminal groups. AMLA stresses the urgency of harmonized EU-wide supervision, as fragmented regulation has allowed laundering via crypto gateways. The findings come as the EU prepares to implement MiCA (Markets in Crypto Assets Regulation) and extend AML rules across crypto service providers. Analysts say this marks a regulatory turning point , shifting crypto from speculative oversight to systemic scrutiny. 🗞 Main Story The European Union’s new Anti-Money Laundering Authority (AMLA) has sent a blunt warning: crypto-assets are now the EU’s top money laundering risk . In its first risk assessment since being established,...