Argentina’s crypto companies to be obliged to comply with AML regulations
The country now only requires cryptocurrency service providers to comply with tax reporting rules
16.03.2022 - 13:45
666
1 min
0
What’s new? Argentina’s anti-money laundering regulator (UIF) is working to add cryptocurrency service providers to the list of entities required to comply with the anti-money laundering (AML) law, the sources of Buenos Aires Times tell. Cryptocurrency firms will also have to implement know-your-customer (KYC) principles. The UIF plans to publish a new regulation this year.
Which countries adhere to AML regulations? In February, Italy published new anti-money laundering regulations for crypto companies that define registration and reporting requirements for virtual asset service providers (VASPs). In March, the Bank of Israel published a set of AML regulations requiring banking corporations to conduct risk assessments of money transfer procedures that are made in cryptocurrencies or intended for them. On March 15, the amendments to the law on tightening measures to prevent money laundering and terrorist financing came into force in Estonia.
Useful material?
Telegram 
Twitter Market
The Bitnomial platform will try to challenge the SEC’s position on the status of the XRP token
Oct 11, 2024
Incidents
Law enforcers explained such a small sentence by the fact that Heather Morgan actively cooperated with the investigation and played a minor role in the crime
Oct 11, 2024
Crypto regulations
The exchange also allowed local customers to deposit and withdraw fiat currency
Oct 11, 2024
Market
The company implemented a large-scale scheme to manipulate the rates of digital assets
Oct 10, 2024
Market
Conversely, the victory of Harris, according to broker analysts, could cause a significant correction
Oct 9, 2024
Market
This is the first step toward applying to list ETF shares
Oct 2, 2024
Cryptocurrency rates
-
Bitcoin
$64 361
BTC
+2.52%
-
Ethereum
$2 520.51
ETH
+2.34%
-
BNB Smart Chain
$574.6
BSC
-0.12%
-
Ripple
$0.537101
XRP
+0.3%
-
Dogecoin
$0.112172
DOGE
+0.23%
-
Cardano
$0.353076
ADA
-1.06%
-
Bitcoin Cash
$328.07
BCH
+0.62%
-
Polkadot
$4.25
DOT
+1.54%
-
Litecoin
$65.47
LTC
+0%
-
Stellar XLM
$0.091455
XLM
+0.26%