CVM’s New Money Laundering Standard May Impact Cryptocurrency Brokers

CVM’s New Money Laundering Standard May Impact Cryptocurrency Brokers – OBN

An update to the CVM’s rules on combating money laundering and terrorist financing should impact companies that act as cryptocurrency brokers, the so-called exchanges. CVM Instruction 617 provides, among other things, for greater detail on the routines linked to the “Know Your Customer” policy.