By Anže Skodlar

Crypto assets and among them cryptocurrencies, which this article focuses on, have proven themselves as an eminent opportunity in many aspects of the new digital economy, giving birth to new innovative enterprises and enabling exchange of value in a decentralized manner. This is also evident in Slovenia, being a well-known hub of successful professionals in the crypto world.

This glorious future aside, attention must be paid to the fact that cryptocurrencies can also present an anonymous medium for money-laundering and financing of terrorism, which shall be tackled on the EU level by the adoption of the draft fifth money laundering directive (“MLD5”)