EU authorities have agreed to tighten controls on crypto transfers worth over 1,000 euros
EU politicians have reached a preliminary agreement on part of a comprehensive package of measures to combat money laundering. In particular, the European Parliament and the Council of the EU agreed on the obligation of crypto service providers to apply âdue diligence measures to customers when conducting transactions worth âŹ1,000 and above.â The agreement also adds risk mitigation measures for transactions using non-custodial wallets.
Information on the EU website
