Luxembourg marks crypto companies as high risk for money laundering
Crypto companies face mounting scrutiny in Luxembourg due to their vulnerability to money laundering risks.
Luxembourg has classified virtual asset service providers (VASPs) as high-risk for money laundering in its 2025 National Risk Assessment.
The report highlights concerns about the crypto industry’s exposure to financial crime, citing factors such as transaction volumes, client reach, and international operations.
The assessment builds on 2020 and 2022 reports that flagged crypto risks linked to their internet-based and cross-border nature. Meanwhile, the European Union is advancing regulation with the MiCA framework to harmonise rules across member states.
Several crypto firms have…
