AML-2A.1.4

The CBB considers transactions involving transfer of accepted crypto-assets as functionally analogous to wire transfer. Therefore, Capital Market Licensees (including crypto-asset licensees), whenever their transaction, whether in fiat currency or accepted crypto-assets, involves (i) a traditional wire transfer, or (ii) an accepted crypto-asset transfer, must comply with the requirements of Paragraph AML-2A.2 unless stated otherwise.

Amended: January 2022
Added: January 2020