The Czech Republic is expected to enforce stricter oversight of cryptocurrencies than that required by the European Union’s bloc-wide Anti-Money-Laundering (AML) regulatory regime. According to a report from local newspaper Hospodářské Noviny on Aug. 8, the Czech Republic’s transposition of the European Union (EU)’s Fifth AML Directive (AMLD5) looks set to impose yet stricter requirements on cryptocurrency firms than those established by Brussels. Above and beyond EU regulations As an indication of the stringent measures ahead, Hospodářské Noviny reveals that Czech regulators plan to impose a hefty fine — up to half ... (full story)