HM Treasury proposes expanding its money laundering regulations to capture a broader range of digital asset activities, including non-fungible token (NFT) issuance

HM Treasury proposes expanding its money laundering regulations to capture a broader range of digital asset activities, including non-fungible token (NFT) issuance. The new rules will require businesses dealing with NFTs to conduct CDD and report suspicious activities to the authorities. The move aims to bring NFTs under the same AML regulations…