Europe Issues ‘Travel Rule’ Guidelines for Crypto Firms Amid Push to Curb Money Laundering, Financial Crime

The European Banking Authority (EBA) has imposed a ‘travel rule’ over crypto firms that aims to reduce instances of money laundering and terror financing using crypto assets, transactions through which often leave no trails that could lead to criminals.The European Banking Authority (EBA) has imposed a ‘travel rule’ over crypto firms that aims to reduce instances of money laundering and terror financing using crypto assets, transactions through which often leave no trails that could lead to criminals.