βThe sweeping #AML package aims to eliminate anonymous #cash #payments over β¬3000 in commercial transactions and prohibit cash payments above β¬10000 in business transactions.
It would also require AML/KYC checks on all bitcoin payments to #custodial #wallets operated by regulated service providers.β
https://www.nobsbitcoin.com/eu-inches-closer-to-new-draconian-aml-agreement/