EU Parliament Approves New Sanctions Laws That Also Apply to Crypto
Submitted by Anonymous (not verified) on Tue, 03/12/2024 - 15:50The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.
The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.
The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.
Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.
Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.
Crypto firms have to do checks on transactions of 1000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hoste
Crypto firms have to do checks on transactions of 1000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hoste
The final version of the bill's text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.
The final version of the bill's text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.
Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final v
Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final v
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