Its worth reading the original press release[1] Relevant section: "At present, only certain categories of crypto-asset service providers are included in the s

Its worth reading the original press release[1] Relevant section: "At present, only certain categories of crypto-asset service providers are included in the scope of EU AML/CFT rules. The proposed reform will extend these rules to the entire crypto sector, obliging all service providers to conduct due diligence on their customers. Today's amendments will ensure full traceability of crypto-asset transfers, such as Bitcoin, and will allow for prevention and detection of their possible use for money laundering or terrorism financing. In addition, anonymous crypto asset wallets will be prohibited, fully applying EU AML/CFT rules to the crypto sector." "In addition, providing anonymous crypto-asset wallets will be prohibited, just as anonymous bank accounts are already prohibited by EU AML/CFT rules." https://ec.europa.eu/commission/presscorner/detail/en/ip_21_3690 https://ec.europa.eu/commission/presscorner/detail/en/ip_21_... Edit: More content.