Blockchain Project Cashaa Protecting Crypto Companies to Survive Fifth Money Laundering Directive and New FCA Rules in 2020


Sharing is caring!

Early Blockchain and Crypto challenge Cashaa, has launched a brand new “Crypto Enterprise/Dealer” account to guarantee crypto companies/brokers are compliant with the FCA’s new guidelines for anti-money laundering and counter-terrorist finance and the EU Fifth Money Laundering Directive (5AMLD).

“We now have put our expertise of coping with tons of of crypto companies and prolonged our capabilities by means of expertise to our prospects to give them the liberty to innovate with minimal worrying concerning the new FCA guidelines or 5AMLD,” mentioned Kumar Gaurav, CEO Cashaa.

In 2020, each the UK and the EU are enacting quite a few new rules that may influence the cryptocurrency sector, and Cashaa is including on new compliant companies for the business. 

“Our mission is to assist crypto companies get entry to banking who’ve at all times struggled with conventional banks. Lastly, in 2019, we began our operations in partnership with an FCA regulated…



Read full story