@generous
The Expected European Union Decision for Bitcoin, SHIB and #Altcoins Has Been Released! Anonymous transfers of Bitcoin and other cryptocurrencies are prohibited. The European Parliament voted to ban all anonymous #crypto transfers, including the leading crypto #Bitcoin (BTC) and the meme coin #Shiba Inu (SHIB). However, the draft has not yet become law and the process will continue for a few more months. The change applies funds transfer regulations (TFR) to the Bitcoin and other #cryptocurrencies industry to prevent payment systems from being used for money laundering. Since the draft does not specify any lower limit for cryptocurrency transfers, it means that all transactions will be subject to identity checks. As such, crypto firms will be obligated to collect and disclose personally identifiable information about parties involved in a transaction.
3 comments
They should make another laws related to #Cryptocurrency. The decision of banned is not good. There are many ways to control money laundering.Money laundering is white colour crime dear friend. Government should make another laws related to money laundering. Money laundering is the virus..
Thats the good news that bitcoin use mode of payment and the bch will follow as well.soon
Interesting! I wonder, the real objective behind the concept of money laundering? In such a way, to be able to identify those who launder the money. For example, who launders tax money? Since there is not enough transparency in the management of public funds. In addition, it is necessary to consider what is the main money used in money laundering.