Bill 8722, passed in July after the Caritas fraud case, links licensed crypto exchanges to Luxembourg's real-time FIU warning network alongside banks and payment firms.
Luxembourg's Bill 8722 will let its FIU send real-time fraud alerts across banks, payment firms and licensed crypto exchanges from Aug. 8, extending a system that previously stopped at each institution's own perimeter. The law, introduced in March and passed unanimously in July 2026, was shaped by the 2024 Caritas Luxembourg CEO fraud case, in which about €61 million moved through more than 8,200 suspicious transactions. Police registered 6,382 fraud cases in 2024, up 3.89% from a year earlier, while suspected fraud and scam reports from financial professionals rose 32% to more than 18,000, according to FIU records. The measure also fits Luxembourg's push to host crypto firms under the EU's Markets in Crypto-Assets, or MiCA, by requiring exchanges to receive and feed back fraud warnings in the same network as banks. Max Braun, head of Luxembourg's FIU, has said bringing exchanges into the alert system should make it harder to cash out through flagged accounts.