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EU Members Adopt Tougher Crypto Rules Than AML Directive Requires

</header> <strong>Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member states to transpose EU’s Fifth Anti-Money Laundering Directive …

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Congress could require a car alarm for kids left inside

Sponsored Links encrier via Getty Images In the past 20 years, more than 800 children have died of heatstroke in cars in the US. Now, a group of lawmakers wants to require alerts that would remind parents to check for children in the backseat before exiting the vehicle. Legislation announced today would mandate “a distinct …

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Localbitcoins to Introduce New User Verification Rules

</header> <strong>Peer-to-peer crypto exchange Localbitcoins is preparing to implement updated requirements for the identity verification of its users. The company recently revealed it’s cooperating with regulatory agencies in Finland on the implementation of the latest EU anti-money laundering rules. </strong> Also read: 3 Technical Proposals for Increasing Bitcoin’s Privacy P2P Exchange Localbitcoins Advising Finnish Regulators …

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