Money laundering and crypto-coin legislation could hurt open-source ecosystem – activists
The Electronic Frontier Foundation (EFF) and UK Open Rights Group have responded to an HM Treasury consultation on money laundering legislation, in particular to the suggestion that publishing open-source software should be subject to customer due diligence requirements.
The Transposition of the Fifth Money Laundering Directive (5MLD) was published (PDF) for consultation in April. 5MLD is an EU directive which the UK is obliged to put into law by January 2020 – presuming that the UK is either still in the EU or in transitional arrangements.
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