aml regulation

AML regulation refers to laws, rules, and procedures designed to prevent and detect money laundering and the financing of terrorism. These regulations require financial institutions and certain businesses to identify and verify the identity of their customers, monitor transactions for suspicious activity, and report any potential money laundering or terrorist financing activities to relevant authorities. AML stands for "Anti-Money Laundering."
  1. EU to Ban Cash Payments Above €10,000 Starting in 2027

    EU to Ban Cash Payments Above €10,000 Starting in 2027

    EU to Ban Cash Payments Above €10,000 Starting in 2027 The European Union has approved a sweeping anti–money laundering framework that will impose a unified €10,000 limit on cash transactions across all 27 member states. The regulation is set to take effect in 2027 and marks one of the most...
  2. Zcash Breaks $520 Amid Surge in Privacy-Coin Demand

    Zcash Breaks $520 Amid Surge in Privacy-Coin Demand

    Zcash Breaks $520 Amid Surge in Privacy-Coin Demand The price of Zcash (ZEC) has surged by 20.6 % over the past 24 hours, reaching $533 - its highest level since 2018. The privacy-focused cryptocurrency now boasts a market capitalization of $8.6 billion, ranking 17th among the largest digital...
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