Last week, the European Council proposed anti-money laundering regulations, including a new EU rule which would demand crypto exchanges conduct due diligence on every crypto transaction worth €1,000 or more.

The rule, which applies to all crypto-asset service providers (CASPs), has yet to be approved by the European Parliament. However, it's likely to go through -- legislative processes are in their final and concluding stages.

Hosted on Acast. See acast.com/privacy for more information.