“AMLA shall set up and maintain an indicative and non-exhaustive public register of shell banks and non-compliant crypto-asset service providers operating within and outside the Union based on information provided by competent authorities, supervisors, the Commission or obliged entities,” the draft said. These measures are needed given the high risk of money laundering and terrorist financing inherent to these entities, according to the draft.
Lawmakers Want Unregulated Crypto Firms Out of the EU
