Luxembourg is enacting new legislation that empowers its Financial Intelligence Unit to issue cross-institution fraud alerts to both traditional banks and cryptocurrency exchanges. Targeting Crypto Loopholes Luxembourg is adding cryptocurrency exchanges to its emergency financial alert system under new anti-fraud legislation taking effect Aug. 8, extending broad asset-freezing notices beyond traditional banks as part of…
Luxembourg is enacting new legislation that empowers its Financial Intelligence Unit to issue cross-institution fraud alerts to both traditional banks and cryptocurrency exchanges. Targeting Crypto Loopholes Luxembourg is adding cryptocurrency exchanges to its emergency financial alert system under new anti-fraud legislation taking effect Aug. 8, extending broad asset-freezing notices beyond traditional banks as part of […]
Source: https://news.bitcoin.com/regulation-and-legal/luxembourg-expands-fiu-alerts-to-crypto-exchanges/
