The Cyprus Securities and Exchange Commission (CySEC) has issued proposals to bring virtual currency and crypto asset activities under the ambit of the jurisdiction's anti-money laundering (AML) regime, in line with the provisions of the EU Fifth Anti-Money Laundering Directive (5AMLD).

However, CySEC intends to 'gold-plate' the directive by extending AML obligations to three activities that are not included in the EU 5AMLD, namely: ...