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Amendments to the AML Act – changes in the Polish virtual currency market

AML stands for anti-money laundering, and its main task is to protect the financial system from being used for criminal purposes. Currently, the virtual currency market is one of the fastest growing in the world. Unfortunately, they are often used for illegal purposes. To prevent this, on May 15, 2021 an amendment to the AML Act entered into force.

Act of March 1, 2018 on counteracting money laundering and financing of terrorism – Polish regulations

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