• Written by: (Blockchain News
  • Thu, 30 Mar 2023
  •   Hong Kong

The European Union is proposing a 1,000 euro cap on anonymous crypto transfers to combat money laundering and terrorist financing. The limit would apply to transfers when a customer cannot be identified, and the proposal also caps cash transactions at 7,000 euros. The Anti-Money Laundering and Countering the Financing of Terrorism package is expected to be confirmed in April. (Read More)

EU Proposes Cap on Anonymous Crypto Transfers