EBA publishes report on Tackling ML/TF risks in crypto-asset services, drawing on lessons from recent EU supervisory cases to guide authorities in strengthening oversight in this rapidly evolving sector

The report identifies significant AML/CFT vulnerabilities in the sector, examines strategies some crypto firms use to bypass supervision, and outlines safeguards introduced by MiCA and the revised AML/CFT framework. By consolidating these findings, the EBA aims to...