EU tentatively agrees to strengthened cryptocurrency due diligence measures to prevent money laundering

“This agreement is part of the EU’s new anti-money laundering system. It will improve the way national systems to combat money laundering and terrorist financing are organized and work together. This will help fraudsters, organized crime and terrorists escape space. “We are leaving to legitimize the proceeds through the financial system,” Vincent Van Peteghem, Belgian Finance Minister, said in a press statement.