Dutch AMLD5 Implementation Leaves Crypto-Companies Footing the Bill

The Dutch implementation of the EU’s anti-money laundering directive will cost crypto-businesses a fortune. The Dutch Ministry of Finance’s implementation of the European Union’s fifth anti-money laundering directive, or AMLD5, requires the country’s Central Bank to monitor its cryptocurrency industry. The cost of this supervision will be passed on to crypto-based businesses. A recent report […]

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China Blacklists Blockchain Company From Exporting Medical Supplies to Other Countries

Chinese firms are banned by the Chinese government from selling medical supplies to overseas clients due to “low quality” products. The Chinese government has banned state-backed blockchain firm, Tus Data Asset, from exporting medical supplies to countries dealing with the COVID-19 pandemic. According to the local newspaper The Global Times, the Beijing-based company was blacklisted […]

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