The National Bank of Moldova participated in the presentation of Moldova’s National Risk Assessment report on money laundering and terrorist financing risks related to virtual assets and virtual asset service providers, and indicated that it has initiated work on a prudential legal framework for virtual assets. The Bank linked the work to Moldova’s European integration process and said the drafting effort will focus on identifying key components and adopting relevant best practices. It also called for a coordinated implementation of the report’s recommendations by financial institutions, regulators and international partners, with the stated aim of aligning Moldova’s framework with European rules on cryptoassets and supporting the integrity and stability of the financial system.
National Bank of Moldova 2025-03-11
National Bank of Moldova begins developing a prudential legal framework for virtual assets following the national ML/TF risk assessment for VASPs
The National Bank of Moldova presented the National Risk Assessment report on money laundering and terrorist financing risks linked to virtual assets and service providers. It is developing a prudential legal framework for virtual assets, aligning with Moldova's European integration. The Bank emphasized coordinated implementation of the report's recommendations to align with European cryptoasset regulations and enhance financial system integrity and stability.