
🇪🇺 EU Tightens AML Rules for Cash & #Crypto
The EU's AML Regulation (EU) 2024/1624 will take effect in July 2027, introducing a €10,000 cap on cash payments for goods and services.
Crypto-asset service providers will face stricter KYC requirements, restrictions on anonymous crypto accounts, and tighter rules around privacy-enhancing cryptocurrencies.
The framework also expands #AML oversight to sectors including luxury goods, football clubs, crowdfunding, and investment migration.
#EU #Blockchain #Compliance #CryptoNews

English
















