France to strengthen AML/CTF measures relating to crypto-assets
The French government issued Ordonnance No. 2024-937 to strengthen anti-money laundering (AML) and counter-terrorist financing (CTF) obligations related to the transfer of crypto-assets.
Key updates include:
Enhanced AML/CTF measures for crypto-asset service providers, bringing them in line with EU regulations;
New requirements for crypto-asset transfers involving self-hosted wallets to mitigate ML/TF risks;
Updated procedures for vigilance and internal controls for service providers operating in France.
Digital Assets
Digital Assets/Crypto
AML/CTF/CPF
Industry News
