Greater

EU Cracks Down on Anonymous Cryptocurrency Accounts, Pushing for Greater Transparency

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BRUSSELS, Belgium – The European Union has implemented stricter regulations on anonymous cryptocurrency accounts, enacting laws aimed at combating money laundering. These new regulations forbid the provision of services to anonymous accounts, requiring individuals and businesses dealing with cryptocurrencies to comply with anti-money laundering standards. The EU hopes this move will enhance transparency and prevent illicit activities facilitated by cryptocurrency anonymity. Under the new rules, cryptocurrency exchanges and wallet providers will need to verify the identity of their customers, collecting information such as names, addresses, and dates of birth. Additionally, they will be required to … Read more

Breaking: New York Introduces Game-Changing Law for Credit Card Users – Unveiling Greater Transparency in Surcharges

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ALBANY, N.Y. – A new law in New York aims to increase transparency in credit card surcharges, requiring businesses to provide clearer information to consumers. The legislation, signed by Governor Andrew Cuomo, mandates that businesses must clearly disclose the surcharge amount and notify customers in advance of any additional fees associated with using a credit card for payment. The law intends to address concerns of consumers who may be caught off guard by unexpected charges when using their credit cards. Businesses will now be required to inform customers, both in-store and online, of any surcharges … Read more