Norwegian regulator warns against digital currencies, calls for regulation
In its warning, the watchdog claimed that digital currencies pose a high risk of loss, have attracted significant criminal activity and the market is largely unregulated.
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New AML rules target crypto businesses in Norway
Effective Oct. 15, cryptocurrency-related companies in Norway—including branches of multinational companies—will have to adhere to a new set of anti-money laundering regulations (AML) set by the Financial Supervisory Authority of Norway.