April 26, 2024
Security News

European Parliament Passes Historic Anti-Money Laundering Rules for Crypto Industry – More Regulation Incoming?

The European Parliament on Tuesday approved new rules that aim to prevent crypto from being used for money laundering purposes. The most important part of the new legislation for crypto users is a new €1,000 ($1,080) cap on anonymous crypto transactions, meaning transactions that are made between self-hosted wallets where the user cannot be identified.... Read More: European Parliament Passes Historic Anti-Money Laundering Rules for Crypto Industry – More Regulation Incoming?