01365nam a2200157   4500001000700000100004100007101000800048200016200056311007400218330076100292461007001053606003001123606001801153606001401171700002201185377615  a20200430u           y0pory50      ba  aeng  aVirtual and cryptocurrenciesbRecurso eletrónicoeregulatory and anti-money laundering approaches in the European Union and in SwitzerlandfThomas A. Frick  aResumo inserto na publicação. Ficheiro de 2,72 MB em formato PDF.  aCryptocurrencies and virtual currencies gained prominence in 2017 and 2018. The European Union has closely observed developments but has not been proactive in regulating this new phenomenon. In the Fifth Anti-Money Laundering Directive, a definition of virtual currencies was introduced to EU law for the first time. Reports published by the European Securities and Markets Authority and by the European Banking Authority, both in 2019, provide further clarification on the approach being taken at EU level. Switzerland has been at the forefront of crypto developments. The Swiss approach to regulating the crypto world is different from the approach taken e.g., in Malta and Liechtenstein and may serve as an additional inspiration for EU regulators.  cTrierdJuly 2019vVol. 20, nº 1tERA Forumx1612-3093pp. 99-112  aBRANQUEAMENTO DE CAPITAIS  aMOEDA VIRTUAL  aSUÍÇA  aFRICKbThomas A.