Money Laundering via Metaverse, DeFi, NFTs Targeted by EU Lawmakers’ Latest Draft

Money Laundering via Metaverse, DeFi, NFTs Targeted by EU Lawmakers’ Latest Draft

DeFi, and the decentralized autonomous organizations (DAOs) that govern it, “should also be subject to Union [anti-money laundering / counter terrorist financing] rules where they are controlled directly or indirectly, including through smart contracts or voting protocols, by natural and legal persons,” the text said.

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