No AML Checks For Most Transfers To Unhosted Crypto Wallets, EU Policymakers Decide - CoinDesk

A Wednesday meeting secured a final deal on anti-money laundering legislation for crypto transfers and largely overturned a proposal from the EU Parliament to impose laundering checks on all payments to private wallets.

BRUSSELS, Belgium The European Union (EU) finally agreed on landmark anti-money laundering rules for crypto transactions Wednesday, despite industry concerns over the law harming privacy and innovati… [+4237 chars]

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