According to Wu Blockchain, Luxembourg's new anti-fraud law came into effect on August 8, incorporating crypto asset service providers into the Financial Intelligence Unit (CRF)'s anti-fraud information-sharing mechanism. The CRF can send account numbers with significant fraud risks and related scam type information to voluntarily participating banks, payment institutions, and crypto platforms, helping these entities identify and monitor suspicious funds. The related information must be transmitted through secure channels and cannot be disclosed to customers or third parties. Account number information must be deleted no later than 6 months after receipt. https://(wublock123.com)/news/luxembourg-anti-fraud-law-high-risk-crypto-account-alerts-66181