<div class="textg" style="text-align: justify; font-weight: lighter; line-height: 1.3em; font-size: 15px; border-radius: 3px; color: #80909a; padding: 10px; background-color: #F4F6F9; margin-bottom: 15px;">Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noreferrer noopener" class="deco-link">website policy</a>&nbsp;prior to making financial decisions.</div>



<p class="has-drop-cap">Lawmakers on European Parliament’s Economics and Civil Liberties committees voted in favor of the anti-money laundering regulation. This will impose a $1,000 cap on unverified crypto wallets on Tuesday. The limit represents a part of the EU’s overhaul of its <a aria-label="anti-money laundering (AML) regulations (opens in a new tab)" href="https://www.consilium.europa.eu/en/press/press-releases/2022/12/07/anti-money-laundering-council-agrees-its-position-on-a-strengthened-rulebook/#:~:text=The%20new%20EU%20anti%2Dmoney,and%20information%20about%20their%20customers." target="_blank" rel="noreferrer noopener nofollow" class="deco-link">anti-money laundering (AML) regulations</a>, which will also apply to decentralized autonomous organizations (DAOs), non-fungible token (NFT) platforms, and decentralized finance (DeFi) platforms.</p>



<h3 id="french-lawmaker-says-the-vote-doesn-t-prevent-crypto-transactions">French Lawmaker Says the Vote Doesn’t Prevent Crypto Transactions</h3>



<p>European lawmakers have voted to impose a $1,000 cap on payments by anonymous crypto users, marking the bloc’s latest push in its revamp of money laundering laws. 99 lawmakers voted for imposing the limits, while eight voted against them.</p>



<p>Lawmaker Damien Carême, the lead negotiator of the revamp talks, previously said that the limits would not prohibit crypto payments because the $1,000 cap only applies to unregulated wallet providers and unverified wallets. The European Parliament’s Economics and Civil Liberties committees approved the plans following the vote.</p>



<blockquote class="wp-block-quote">
<p>“We are absolutely not preventing crypto transactions. It’s just when identification isn’t possible.”</p>
<cite>&#8211; Damien Carême, a French lawmaker from the Green party said. </cite></blockquote>



<p>After several weeks of negotiations, the AML regulation will advance to a plenary vote in the Parliament. After that, it will allow inter-institutional negotiations between the Parliament, Council, and the European Commission to begin.</p>



<p>The vote comes several months after a leaked draft of the EU’s money laundering bill showed that the bloc was <a aria-label="planning to ban (opens in a new tab)" href="https://markets.businessinsider.com/news/currencies/eu-cryptocurrency-privacy-enhancing-coins-banks-monero-zcash-proposal-europe-2022-11" target="_blank" rel="noreferrer noopener nofollow" class="deco-link">planning to ban</a> crypto providers from listing privacy-enhancing cryptocurrencies such as monero, dash, and zcash. However, Carême said a ban on such coins was unnecessary given that they were already prohibited under the EU’s <a href="https://tokenist.com/eu-vote-on-mica-postponed-for-the-second-time-due-to-translation-issues/" rel="dofollow" class="deco-link">Markets in Crypto Assets regulation</a> (MiCA).</p>


<div class="cta-referral">

			<img src="https://tokenist.com/wp-content/themes/thetokenist/assets/img/del/cta-referral-1.png" alt="" class="cta-referral__img" loading="lazy" decoding="async">
	
	<div class="cta-referral__text">
		<p>Join our <a href="https://t.me/thetokenist" target="_blank" rel="noreferrer noopener nofollow">Telegram group</a> and never miss a breaking digital asset story.</p>

	</div>

</div>


<h3 id="eu-s-aml-bill-also-has-implications-for-daos-nfts-and-defi-platforms">EU’s AML Bill Also Has Implications for DAOs, NFTs, and DeFi Platforms</h3>



<p>Apart from the limit on unverified crypto wallets, the EU’s AML regulation has several other implications for crypto. More specifically, the new AML rules will also cover DAOs, as well as NFT and <a href="https://tokenist.com/eu-shifts-regulatory-focus-to-defi-report-highlights-likely-policy-direction/" rel="dofollow" class="deco-link">DeFi platforms</a>.</p>



<p>These companies will be required to comply with the AML rules as long as they remain “controlled directly or indirectly, including through smart contracts or voting protocols, by identifiable natural and legal persons,” according to the Block. Earlier this year, the <a href="https://tokenist.com/eu-could-relax-regulatory-requirements-for-smart-contracts-report/" rel="dofollow" class="deco-link">EU considered</a> easing regulatory requirements for smart contracts after policymakers agreed on a new text of the <a href="https://ec.europa.eu/commission/presscorner/detail/en/ip_22_1113" target="_blank" aria-label="Data Act (opens in a new tab)" rel="noreferrer noopener nofollow" class="deco-link">Data Act</a>.</p>



<p>Unlike the MiCA, the AML regulation counts decentralized platforms as obliged entities to reduce the current regulatory gap in the region. According to Carême, decentralized platforms will be required to conduct due diligence and report questionable transactions to the authorities just like traditional financial institutions and real estate agents.</p>


<div class="cta-sub js__cta-sub">

	<div class="cta-sub__start" data-step="1">

					<div class="cta-sub__title"><strong>Finance is changing.</strong></div>
							<div class="cta-sub__subtitle">Learn how, with Five Minute Finance.</div>
							<div class="cta-sub__excerpt">A weekly newsletter that covers the big trends in FinTech and Decentralized Finance.</div>
							<button type="button" class="btn">Try it out (for free)</button>
			</div>

	<div class="cta-sub__form" data-step="2" style="display: none;">
									<script type="text/javascript"
						src="https://app.getresponse.com/view_webform_v2.js?u=QcLhh&#038;webforms_id=hpcwd"></script>
						</div>

	<div class="cta-sub__result" data-step="3" style="display: none;">
		<div class="cta-sub__title">Awesome</div>
		<div class="cta-sub__caption">You&#8217;ve subscribed.</div>
		<div class="cta-sub__greeting">You&#8217;re well on your way to being in the know.</div>
	</div>

</div>



<p><em><strong>What do you think about the differences in crypto regulation between the US and Europe? Let us know in the comments below.</strong></em></p>
<p>The post <a rel="nofollow" href="https://tokenist.com/eu-votes-for-aml-regulation-1000-limit-on-anon-crypto-transfers/">EU Votes for AML Regulation: $1,000 Limit on Anon Crypto Transfers</a> appeared first on <a rel="nofollow" href="https://tokenist.com">Tokenist</a>.</p>

EU Votes for AML Regulation: $1,000 Limit on Anon Crypto Transfers

目次

TokenInsight

2023年3月28日公開の他の記事

Beat The Bear Market With Solana (SOL), Ethereum (ETH) And Collateral Network (COLT)

Why do people buy NFTs?

Green Startups Funding Hits Lowest Level Since 2020

Safemoon Liquidity Pool Compromised Thanks To Token Burn Bug

UK Treasury drops plans for Royal Mint NFT

MetaMask is warning about a fake token launch campaign!

ニュースレターを購読して暗号資産の最新情報を毎日入手！