Ukraine Authorities Passes Money Laundering Law Based on FATF
Ukraine Authorities Passes Money Laundering Law Based on FATF
9:11 am on 7 December 2019
The government of Ukraine has passed the final version of a money laundering law as per FATF guidelines. The new law has guidelines on regulating and monitoring the trading of cryptocurrencies. If the individual crypto transactions exceed 30,000 hriven then the government will apply verification to both sender and receiver. The leading cryptocurrency exchange Binance is working together with Ukrainian authorities to establish cryptocurrency-related legislation in the country.