The European Union lawmakers have reached a deal on a new crypto-related bill that aims to clamp down on crypto money laundering activity.
The European Union is the biggest region in the world, in which huge numbers of countries are living under a crypto single regulatory framework. However, rules in European countries are not clear & enough to regulate the crypto industry but still, lawmakers are doing their best. Since 2021, the MiCA agency has proposed its unique & strict framework to regulate the crypto & blockchain industry but not all EU countries agree to adopt it.
On 29 June, EU policymakers reached a deal on a new digital assets transactions associated monitoring bill that aims to prohibit crypto money laundering activity.
Under the newly proposed bill, all the crypto exchanges including crypto-related services providers will be required to track and report suspicious transactions or transactions linked with any illegal activities. And also there is no minimum threshold labeled, in short, it will prohibit every small & big actor on centralized services.
All the crypto companies will be required to report the transactions associated with the centralized platform to non-hosted or non-custodial wallets. However, un-hosted crypto wallet to un-hosted wallet transactions will remain uncovered under this law.
Ondrej Kovarik, a lawmaker of the EU, also took to Twitter to share about this bill.
This bill will further go under the regulatory framework of Markets in Crypto-assets rules (MiCA).
Recently 27 EU state members agreed to follow the single regulatory firm of MiCA.
These efforts by the EU policymakers showed that they are concerned about the issues associated with cryptocurrencies and they want to keep the bad actors away from the Crypto industry.
Read also: Grayscale Challenges US securities body legally regarding Bitcoin spot ETF
European Crypto Firms Will Require to Identify Most Crypto Transactions
https://bitcoinik.com/european-crypto-firms-will-require-to-identify-most-crypto-transactions/feed/
https://bitcoinik.com/european-crypto-firms-will-require-to-identify-most-crypto-transactions/feed/
Buy bitcoin and other cryptocurrencies on crypto exchanges: Binance Coinbase Kraken Bitfinex
—————————————————————————————————————-
💠
👉Reward $9.88 for deposit over $100 ♻️♻️🔰
👉The withdrawal speed is fast
👉0% withdrawal fee
👉Simple, safe and stable system
👉Platform cooperation app successfully launched \five-level agency model without investment\. Each user can be a proxy
👉Great Rewards
👉 Referral link
👇⬇️
https://laz220.com?code=119055
Lazada: Rewards for old users who invite new users:
?? Invite 3 first-level valid members (reload $100, buy 50 times), reward $18.88 💰💰✨
?? Invite 10 first-level valid members (reload $100, buy 50 times) and reward $48.88
?? Invite 20 active members, first level member (recharge $100, buy 50 times) and reward $98.88
?? Invite 30 first-level valid members (reload $100, buy 50 times) and reward $288.88
?? Invite 50 first-level valid members (reload $100, buy 50 times) to reward $388.88 and more. The content of the event is to deposit $100 for each valid first level member
Users who qualify to receive rewards contact Lazada Support to receive rewards
For example, if you invite A to top up $500, and the commission generated by A is $20 per day, then you get 16% of the commission generated by A per day, and 16% of $20 is $3.2, and you get $3.2 per day
👇⬇️
https://laz220.com?code=119055
————————————————————————————————————————-
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨
Brand new mining Platform machine
rental very easy to use! ✅
🟢Minimum deposit : 10 usdt
🟢Minimum withdraw : 10 usdt
Referral invite:
Line1: 11%
Line2: 8%
Line3: 6%
Registration link:
base.siteminingzone.com/siteMining/register?referralCode=159686
❌Warning:❌
Investing in cryptocurrency carries a high level of risk.
Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.
