Costa Rica Crypto Bill Approved as Lawmakers Target Money Laundering Risks

🌐 Tico Times Costa Rica (CR) —

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Costa Rica's Legislative Assembly approved a bill to regulate cryptocurrency service providers, enhancing anti-money laundering oversight. The reform amends Law No. 7786 concerning narcotics, money laundering, and terrorist financing.

Costa Rica’s Legislative Assembly has approved a bill in second reading to regulate cryptocurrency-related service providers and bring them under stronger anti-money laundering oversight. The reform, approved unanimously on, amends Law No. 7786, Costa Rica’s main law on narcotics, unauthorized drugs, money laundering and terrorist financing. The bill was processed under legislative file No. 25.340 […] The post Costa Rica Crypto Bill Approved as Lawmakers Target Money Laundering Risks appeared first on The Tico Times | Costa Rica News | Travel | Real Estate.

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