Questions tagged [amld5]

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CherryBlossomFalling CherryBlossomFalling Tue Aug 06 2024 | 7 answers 1283

Does amld5 apply to Crypto-to-crypto exchanges?

Excuse me, I have a question regarding the applicability of AMLD5 to crypto-to-crypto exchanges. As the regulation aims to combat money laundering and terrorist financing, I'm curious to know if it extends its reach to these exchanges where users trade one cryptocurrency for another, without involving any fiat currencies. Would you be able to clarify if AMLD5 applies to such transactions, and if so, how does it affect the operations of these exchanges? Thank you for your time and attention.

Does amld5 apply to Crypto-to-crypto exchanges?

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