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The Influence of New EU AML Laws on Crypto Compliance and Regulation for KANG, WIF, NEAR, MATIC, and XRP

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by Giorgi Kostiuk

a year ago


The recent Anti-Money Laundering (AML) regulations from the European Union (EU) have significantly affected the operations of cryptocurrency providers. These laws set specific requirements for transfers over €1,000, while exempting self-hosted wallets. Additionally, the regulations discourage unsafe practices like cross-border banking and multi-account usage.

Despite increased scrutiny, certain crypto projects aim to maintain industry standards. For instance, MATIC, WIF, XRP, NEAR, and KANG demonstrate growth potential and provide investors with opportunities to align with emerging trends and prioritize security.

KANG, a promising cryptocurrency, attracted traders with a successful presale performance, raising nearly $6M. Backed by a growing community, KANG aims to surpass $7M before the end of the presale. A collaboration with RaidShark is expected to enhance community engagement.

KANG's native token, $KANG, offers actual utility as the primary in-game currency for an upcoming gaming ecosystem. With a significant increase in the value of the KANG token, KANG is set to compete strongly in the meme coin market.

Ethical guidelines in the KANG ecosystem provide various benefits over top coins like WIF, NEAR, MATIC, and XRP, making it a secure platform for investors.

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