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Comment on EU Parliament commitee approves cash cap and ban on anonymous crypto paymentsparent

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Doesn't it say it right there in the first paragraph?

And anonymous payments in cryptocurrencies to wallets operated by providers (hosted wallets) will be prohibited even for minimum amounts without a threshold.

Doesn't this mean that literally all anonymous crypto transactions would be banned?

It does, and the real surprise is only that it took so long.

The strictness of AML/KYC is half the reason why it's easier to use crypto than banking. They're removing the glitch.

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