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### Europe Updates Travel Rule to Combat Money Laundering Europe is updating the Travel Rule to include crypto service providers. Starting December 30, 2024, crypto exchanges in the EU must follow the Travel Rule (EU-2023/1113), reporting information on fund and crypto asset transfers. This is part of the EU's efforts to combat money laundering and terrorist financing. The EBA requires asset traceability for investigations, giving PSPs and CASPs two months to comply. The update supports MiCA and unified regional rules.
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