[ad_1] <br><div><figure class="caas-figure"><div class="caas-figure-with-pb" style="max-height: 477px"><div><div class="caas-img-container" style="padding-bottom:68%;"><img class="caas-img has-preview" alt="crypto Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration" src="https://s.yimg.com/ny/api/res/1.2/823XnZ5VSy3r5TARtehTZg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ3Nw--/https://s.yimg.com/os/creatr-uploaded-images/2022-08/fb9fe160-312a-11ed-bb3f-1930c4039bcd"/></div></div></div><p><figcaption class="caption-collapse">The brand new limits prohibit merchants from making or receiving nameless crypto transfers exceeding €1,000. Picture: Dado Ruvic/Reuters</figcaption></p></figure><p>EU lawmakers have voted in favour of imposing limits on transactions carried out by nameless and unverified <a target="_blank" data-i13n="cpos:1;pos:1" href="https://uk.yahoo.com/topics/crypto/" data-ylk="slk:cryptocurrency;cpos:1;pos:1;elm:context_link;itc:0" class="link " rel="noopener">cryptocurrency</a> customers, as a part of the bloc's new anti-money laundering (AML) measures.</p><p>The measures are supposed to stop cryptocurrencies, non-fungible tokens (NFTs), and the metaverse from being utilised for monetary crimes.</p><p>The brand new limits prohibit merchants from making or receiving nameless crypto transfers exceeding €1,000 (£879).</p><p>Bigger transactions are permitted if the client's id might be confirmed or if a regulated crypto supplier is concerned.</p><p><strong>Learn extra: </strong><a target="_blank" data-i13n="cpos:2;pos:1" href="https://uk.finance.yahoo.com/cryptocurrencies/" data-ylk="slk:Crypto live prices;cpos:2;pos:1;elm:context_link;itc:0" class="link " rel="noopener"><strong>Crypto live prices</strong></a></p><p>Crypto transfers between non-public people, comparable to massive funds between associates, will nonetheless be allowed.</p><p>The proposal considers using privateness cash, comparable to monero (<a target="_blank" data-i13n="cpos:3;pos:1" href="https://finance.yahoo.com/quote/XMR-USD/" data-ylk="slk:XMR-USD;cpos:3;pos:1;elm:context_link;itc:0" class="link " rel="noopener">XMR-USD</a>) and crypto mixers, which obfuscate the sender and receiver of cryptocurrency transactions, as further elements when evaluating money-laundering dangers.</p><p>The laws additionally forbids EU crypto suppliers from sustaining a correspondent relationship with unregistered or unlicensed overseas cryptocurrency suppliers.</p><p>The proposal was accredited after 99 lawmakers voted in favour, eight voted in opposition to, with six abstentions.</p><p>It's a part of laws related to the brand new European Union Anti-Cash Laundering Company (AMLA).</p><p><strong>Learn extra: </strong><a target="_blank" data-i13n="cpos:4;pos:1" href="https://uk.finance.yahoo.com/news/rishi-sunak-nft-for-britain-plan-scrapped-101430944.html" data-ylk="slk:Rishi Sunak’s ‘NFT for Britain’ plan quietly scrapped after just 11 months;cpos:4;pos:1;elm:context_link;itc:0;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;" class="link yahoo-link" rel="noopener"><strong>Rishi Sunak’s ‘NFT for Britain’ plan quietly scrapped after just 11 months</strong></a></p><p>For the brand new measures to grow to be legislation each the EU Parliament and the European Council should agree.</p><p>The laws comes forward of the bloc's 19 April vote on the Markets in Crypto Property Regulation (MiCA) invoice, which brings forth a brand new licensing regime for crypto and digital belongings inside the EU.</p><h2><strong>Watch: Web3: Enterprise capital nonetheless pouring into crypto, claims head of Outlier Ventures | The Crypto Mile</strong></h2><p><strong><em>Obtain the Yahoo Finance app, accessible for</em></strong><a target="_blank" data-i13n="cpos:5;pos:1" href="https://itunes.apple.com/ca/app/yahoo-finance/id328412701?mt=8" rel="nofollow noopener" data-ylk="slk:Apple;cpos:5;pos:1;elm:context_link;itc:0" class="link "><strong><em> Apple</em></strong></a><strong><em> and</em></strong><a target="_blank" data-i13n="cpos:6;pos:1" href="https://play.google.com/store/apps/details?id=com.yahoo.mobile.client.android.finance&amp;hl=en" rel="nofollow noopener" data-ylk="slk:Android;cpos:6;pos:1;elm:context_link;itc:0" class="link "><strong><em> Android</em></strong></a><strong><em>.</em></strong></p></div> <br>[ad_2] <br><a href="https://news.yahoo.com/amphtml/news/eu-votes-payment-limits-anonymous-crypto-wallet-transactions-151425821.html">Source link </a>