{"id":2633,"date":"2022-08-19T01:52:07","date_gmt":"2022-08-19T01:52:07","guid":{"rendered":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/?p=2633"},"modified":"2022-08-19T01:52:07","modified_gmt":"2022-08-19T01:52:07","slug":"new-eu-crypto-regulator","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/new-eu-crypto-regulator\/","title":{"rendered":"New EU Crypto Regulator"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">What is happening? The EU has created a new regulatory position, it will &#8220;create a sixth \u201cAnti-Money Laundering Authority\u201d (AMLD6) that will be specifically responsible for regulating the cryptocurrency industry.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Why is this important? AMLD6 will have direct control over the crypto market. It is described by the EU parliament as &#8220;<em>\u201cEU-level supervision consisting of a hub and spoke model \u2013 i.e. supervisor at the EU level competent for direct supervision of certain financial institutions (FIs), indirect supervision\/coordination of the other FIs, and a coordination role for supervising the non-financial sector as a first step.\u201d<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How will this be important?  The US, states, other countries, are all trying to figure out crypto regulation. Here&#8217;s a roadmap, take what you want, leave behind what you don&#8217;t like.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.europarl.europa.eu\/legislative-train\/theme-an-economy-that-works-for-people\/file-6th-directive-on-amlcft-(amld6)\">EU Parliament | AMLD6<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.theblock.co\/post\/163556\/the-eu-is-on-the-verge-of-creating-a-new-aml-regulator-that-will-oversee-crypto\">The BLOCK | The EU is on the verge of creating a new AML regulator that will oversee crypto<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is happening? The EU has created a new regulatory position, it will &#8220;create a sixth \u201cAnti-Money Laundering Authority\u201d (AMLD6) that will be specifically responsible for regulating the cryptocurrency industry.&#8221; Why is this important? AMLD6 will have direct control over the crypto market. It is described by the EU parliament as &#8220;\u201cEU-level supervision consisting of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2633","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/2633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/comments?post=2633"}],"version-history":[{"count":1,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/2633\/revisions"}],"predecessor-version":[{"id":2634,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/2633\/revisions\/2634"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/media?parent=2633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/categories?post=2633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/tags?post=2633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}