EU Cryptocurrency Regulation Bill (MiCA) Approved by European Parliament
The European Parliament has given its approval to the EU Cryptocurrency Regulation Bill (MiCA), a landmark piece of legislation that seeks to establish clear standards for the industry and safeguard the interests of crypto investors. The MiCA framework received strong support from 517 members of ...
EU lawmakers approve limit on crypto transactions for unverified users in fight against money laundering
MEPs have taken a significant step towards combating money laundering, terrorist financing, and sanctions evasion by approving a cap of 1,000 euros on unverified user crypto transactions. The European Parliament issued a press release stating that the new bill establishes a "single set of rules" ...
EU Proposes Amendments to Anti-Money Laundering Legislation for Cryptocurrencies
The European Parliament is currently discussing proposed amendments to the EU's anti-money laundering legislation. These amendments, if passed, would impose limitations on the lump sum of anonymous transactions. However, according to Damien Carême, MEP and one of the initiators of the bill, these ...