#EUPrivacyCoinBan The European Parliament and EU Commission have in recent years pushed forward anti-money laundering (AML) regulations, including the MiCA (Markets in Crypto-Assets) regulation. Part of this broader regulation may include:

Identity Verification for Transactions: Furthermore, the AMLR will mandate identity verification for all cryptocurrency transactions exceeding €1,000. This is a stricter threshold compared to some other jurisdictions.

* New Oversight Authority: To ensure the effective implementation of these regulations, the EU is establishing a new Anti-Money Laundering Authority (AMLA). This authority will directly supervise CASPs operating in at least six member states, starting in July 2027. The initial selection will include around 40 entities considered high-risk and operating across borders.