28/09/2023 (Agence Europe) – The European Commission decided, on Thursday 28 September, to open an infringement procedure by sending a letter of formal notice to Hungary for incorrect transposition of the 5th Anti-Money Laundering Directive (5th AML). Although Hungary has notified a complete transposition of the Directive, the Commission noted that there is no obligation under Hungarian law to register or authorise providers of exchange services between virtual currencies and fiat...