news

bitcoin

1 X bitcoin bitcoin =

Wednesday

28 July 2021

EU Wants To Ban Anonymous Crypto Wallets by 2024 - Decrypt

EU Wants To Ban Anonymous Crypto Wallets by 2024 - Decrypt


smart summary beta

“In addition, anonymous crypto assetwallets will be prohibited, fully applying EU AML/CFT rules to the crypto sector.”.

Essentially, the Commission proposed to expand the so-called “travel rule” to crypto transactions as well, making them more traceable.

According to the Commission’s proposal, companies that process crypto transactions will have to record their customers’ names, addresses, dates of birth, accounts numbers, and names of the recipients.

Goto Full Article

bitcoin bitcoin price

$40654.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.1)

Article Metadata

author

site

decrypt.co
Market data feeds provided by cryptocompare.com
bitsmart 2021