TechFlow news, July 16. According to Cointelegraph, EU Anti-Money Laundering Authority (AMLA) Chairperson Bruna Szego stated that with the end of the 18-month transition period for the Markets in Crypto-Assets Regulation (MiCA) on July 1, large-scale user migration may bring compliance pressure to Virtual Asset Service Providers (VASPs).
Szego pointed out that businesses exiting EU operations may face pressure from concentrated customer withdrawals, while licensed crypto companies face account opening challenges when onboarding new users. AMLA will release a report on money laundering risks in the crypto sector by the end of the year and expand blockchain analysis capabilities to strengthen regulatory coordination.
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