The majority of the EU Parliament’s lead committees approved a new legislative move to ban anonymous crypto payments has ignited a firestorm of debate, marking a pivotal moment in the regulation of digital currencies within the bloc. This comprehensive package of anti-money laundering measures, extending beyond cryptocurrencies to include significant restrictions on cash transactions, represents one of the most assertive regulatory efforts seen in the global financial landscape.
The Legislative Framework
Under the new legislation, anonymous cash payments in commercial transactions are limited to amounts under €3,000, with a complete prohibition on cash transactions exceeding €10,000 in business contexts. The legislation casts a wide net over digital financial transactions as well, specifically targeting anonymity in crypto payments.
Any transaction involving cryptocurrencies to wallets managed by service providers, known as “hosted wallets,” is now required to be
We współpracy z: https://bitcoinist.com/eu-outlaws-anonymous-crypto-payments-details/
