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EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering

“This pact is part and parcel of the EU’s new anti-money laundering system. It will improve the way national systems against money laundering and felon financing are organized and work together. This will ensure that fraudsters, organized crime and terrorists longing have no space left for legitimizing their proceeds through the financial system,” Belgian Minister of Finance, Vincent Van Peteghem, verbalized in a press statement.

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