European Parliament approves ban on anonymous crypto transactions

A majority of the European Parliament's lead committees have approved a ban on anonymous cryptocurrency transactions made through hosted crypto wallets, as part of the European Union's expanded Anti-Money Laundering (AML) and Counter-Terrorist Financing laws.The new AML legislation, approved on March 19, applies limits for cash transactions and anonymous cryptocurrency payments. Under the new... source: https://cryptobriefing.com/eu-parliament-ban-anon-crypto/