China to Revise AML Law to Address Risks Associated with Virtual Assets

China is set to revise its outdated Anti-Money-Laundering (AML) law in a bid to tackle the increasing risks associated with virtual assets. The draft amendment, discussed at a State Council meeting chaired by Chinese Premier Li Qiang, will soon undergo review by the national legislature, according to a report by South China Morning Post. While […] source: https://cryptonews.com/news/china-to-revise-aml-law-to-address-risks-associated-with-virtual-assets.htm