Saturday, April 02, 2022

#EU: Euro Parliament Passes Crypto Regulations Critics Say Destroy Privacy

[world politics news]


European Union lawmakers have voted in favor of controversial measures to outlaw anonymous crypto transactions, a move the industry said would stifle innovation and invade privacy.

The proposals are intended to extend anti-money laundering requirements that apply to conventional payments over EUR 1,000 ($1,114) to the crypto sector. 

[FULL STORY HERE]

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