2min chapter

Bankless cover image

EU Markets in Crypto-Assets (MiCA) with Seth Hertlein, Patrick Hansen, & Rebecca Rettig

Bankless

CHAPTER

The TFR Guidance on Illicit Financing With Cryptocurrency

I think globally there is a fear about losing government power when you don't have state backed fiat currency as a medium of exchange or something that citizens use. That pervades for sure in at least certain countries in Europe. I also think that the gloss, especially what Seth was talking about with the TFR on the implementation of this FADF guidance, the concerns about illicit finance with crypto are the same everywhere.

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