Banca d’Italia Tightens Crypto Screening to Enforce EU Sanctions

Banca d’Italia has issued a communication to payment service providers and crypto asset service providers (CASPs), reinforcing the need for continued screening of financial transactions using travel rule-related procedures, stressing that there are no minimum amounts for these checks. Italy Highlights ‘No Minimum’ Exception for Sanctions Screening on Crypto Transactions The European Union (EU) is […]