The European Union 5MLD, or E.U. Fifth Money Laundering Directive, is set to go live in the United Kingdom on the 10th of January 2020. The new directives aim to bring open-source software under customer due diligence and subject the same to anti-money laundering policies. Through the latest legislation, MH Treasury seeks to control digital assets, primarily cryptocurrencies. Open-source developers create code for cryptocurrencies which in turn power the digital assets economy. Published in April 2019, the directives targeted a range of activities including Bitcoin, crypto services and virtual assets. As the deadline looms, experts in the crypto space fear
