#eu-mexico summit

The post Mexico and the EU Join Forces to Target Global Crypto Money Laundering appeared on BitcoinEthereumNews.com. Key Takeaways After securing a €5B deal, Mexico and the EU will next collaborate to curb global crypto money laundering. The talks will focus on targeting groups like the Sinaloa Cartel, which use crypto flows to launder money globally. Both governments will next advance a dialogue to deal with crypto threats. Mexico and the EU To Collaborate To Curb Crypto Money Laundering Activities Even as the use of cryptocurrency assets and digital currency to launder money from illicit activities has grown, states are also coming together to exchange information and increase vigilance on these flows. Roberto Velasco Álvarez, Mexico’s Foreign Minister, and Kaja Kallas, Vice-President of the European Commission, revealed that the two countries are examining ways to collaborate to curb crypto money laundering activities across both jurisdictions. The announcement was made during a pre

The announcement was made during the 8th EU-Mexico summit, where Mexico and the EU signed a trade agreement to decrease dependence on the U.S. The two governments would be focused on cooperating to curb this kind of crypto-linked illicit activity. Mexico and the EU To Collaborate To Curb Crypto Money Laundering Activities Even as the […]