The European Union (EU) has adopted an effective ban on crypto transactions committed through non-custodial wallets that have not been verified. This measure forms part of the broader Anti-Money Laundering (AML) directives aimed at combating financial crimes. A majority of the European Parliament‘s leading commission on March 19 approved the decision, and this stand implies a unified stand against anonymous transactions.
EU Implements Ban on Unverified Self-Hosted Crypto Wallets
coingape.com
23 March 2024 22:00, UTC