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EU Parliament can outlaw transacting with 'unhosted' wallets, crypto advocate warns

On Thursday, March 31, the European Parliament Committee on Economic and Monetary Affairs will vote on an Anti-Money Laundering (AML) regulatory package that seeks to revise the current Transfer of Funds Regulation (TFR) in a way that extends the requirement of financial institutions to attach information on the transacting parties to crypto assets. The rapporteurs of the regulation are Ernest Urtasun from the Greens and Assita Kano from the Conservatives and Reformists group.

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Source: Cryptocurrency - investing.com

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