The Fifth Anti-Money Laundering Directive (AMLD5) will soon go into effect and it will inadvertently boost the cryptocurrency industry in the EU. Under the new directive, cryptocurrency-related companies will be treated like any other business.

The blockchain sector has always seen regulation as the greatest roadblock. However, the latest installment of anti-money laundering laws in the European Union could change things.

The Fifth Anti-Money Laundering Directive (AMLD5) was officially signed into law in July 2018 and came into force on Jan 10 of this year. It groups all virtual assets and their providers as ‘obliged entities.’ According to Forbes writer Pawel Kuskowski, this places the cryptocurrency sector in the same legal category as banks, payment processors, gaming, and gambling-related services. In effect, this means that cryptocurrency-related businesses will be treated like any other.

However, the AMLD5 goes further in boosting protections for the cryptocurrency industry. Banks now have to provide valid, individual justification to refuse services to a particular customer. It cannot simply ban services with cryptocurrency-related payment processors or companies. This will mean that millions more will finally be able to purchase virtual assets without bank meddling.

What do you think about this? Also if you want to read the full article where i found the information, you can click on the link below.

https://beincrypto.com/new-eu-law-will-make-it-impossible-for-banks-to-ban-cryptocurrency-related-transactions/

I wrote an article recently about NRG and their growth over the last couple of months, now they have just broken into the top 50 tops on CoinMarketCap. They had no ICO have been in operation for 18 months and seem to be killing it. Also they will be having another airdrop in the foreseeable future, if the token keeps growing it could be a very valuable airdrop. The article i wrote is in the link below.


https://www.publish0x.com/interesting-crypto-projects/nrg-has-increased-over-350-last-30-days-what-energi-xdneer?a=GELe3POa69


What do you think about Energi? and their coin NRG? You can visit their website on the link below.


https://www.energi.world

Also i would check out the blogging platform i wrote the article on, it's a way to earn crypto for free. They have over 14,000 signups already and I think they will overtake steemit this year. You can sign up for free through the blog link. Hope to see you there!

Hello crypto lovers,

I have been using this platform to earn crypto for free for a while now and i want to get your thoughts about it. It's is a blogging platform where you can earn crypto for -

1 - Creating content - Users tip your articles, and you receive the tips.

2 - Tipping articles - As a user you can give daily tips, you choose how much you tip and you keep the rest (i.e. you tip 20% you keep 80%) these tips are from a tipping pool, so you tip for free. You can tip a certain amount of times a day.

They are growing in users (14,400 signups) and you are able to earn HYDRO, Bounty0x and DAI all tokens that are listed above 500 on CoinMarketCap rankings, on numerous exchanges. They have recently announced that they will be adding BAT to their platform, so you will be able to earn BAT soon! They have also grown in rankings for their website and are in the top 50,000 websites globally. You can read their update below and sign up through the link as well, it's free and easy to start earning. 

https://www.publish0x.com/publish0x-official-blog/publish0x-july-update-homepage-redesign-tipping-model-change-xknxry?a=GELe3POa69

What do you think about this platform? Are you a user of it? What challenges do you see for them and what would you change?