Last Friday, the Bank of Israel published a draft regulation on Anti-Money-Laundering and Combatting the Financing of Terrorism (AML/CFT) risk management for the banks facilitating cryptocurrency-to-fiat transactions. This move is a hint at the Israeli government’s plans to legalize and regulate virtual currency service providers (VASPs) and banks. This new policy is based on customers’ […]
Bank of Israel presents draft AML regulations for cryptocurrency
