European Commissioner-Designate to Discuss Bitcoin at EU Hearinghttp://www.coindesk.com/european-commissioner-designate-discuss-bitcoin-eu-hearing/“One possibility would be to propose to include Virtual Currency Exchange Platforms as ‘obliged entities’, and thereby subject to the customer due diligence requirements in the Directive. This would send a clear signal to Member States and encourage common solutions at EU level.”
“This resulted in an Opinion of the EBA that recommended that EU legislators consider declaring market participants at the direct interface between conventional and VCs, such as virtual currency exchange platforms, to become ‘obliged entities’ under the EU Anti Money Laundering Directive and thus subject to its anti-money laundering (AML) and counter terrorist financing (CFT) requirements.”
