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BitDegree 2024-03-25 12:53:44

Anonymous Crypto Transactions to Be Banned in the EU

Key Takeaways A majority of the EU Parliament's lead committees endorse a prohibition on anonymous cryptocurrency dealings. The forthcoming AML laws will impose restrictions on both cash and anonymous crypto transactions. The legislation, aimed at strengthening AML and counter-terrorism efforts, is expected to be fully enacted within three years.

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