https://ift.tt/35hfnek 35, point 46:However, firms should note that 5AMLD will be transposed into UK law by 10 January 2020 to introduce AML requirements to certain cryptoasset activities. The Government has announced that in the UK they will go beyond the scope of 5AMLD which proposes to extend AML/CTF regulation to entities carrying out the following activities:• exchange services between one cryptoasset and another, or services allowing value transactions within one cryptoasset exchange or peer-to-peer exchange service provider• cryptoasset Automated Teller Machines • transfer of cryptoassets (In this context of cryptoassets, transfer means to conduct a transaction on behalf of another natural or legal person that moves a cryptoasset from one cryptoasset address or account to another)• issuance of new cryptoassets, for example through ICOs• the publication of open-source software (which includes, but is not limited to, noncustodian wallet software and other types of cryptoasset related software)This should be an alarm for all free speech organisations, after the EFF got it through all levels of jurisdiction in the US that code is free speech.
Submitted October 08, 2019 at 06:07PM
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