Recital 9

Directive (EU) 2015/849 of the European Parliament and of the Council, as a result of its amendment by Directive (EU) 2018/843 of the European Parliament and of the Council, introduced a definition of virtual currencies and recognised providers engaged in exchange services between virtual currencies and fiat currencies, as well as custodial wallet providers, among the entities subject to anti-money laundering and counter-terrorist financing requirements under Union law. Recent international developments, in particular within the framework of FATF, now imply the need to regulate additional categories of virtual asset service providers not yet covered and to broaden the current definition of virtual currency.