Damien Karem: Amendments to EU law on money laundering do not imply a ban on cryptocurrencies
Damien Carême, a member of the European Parliament and one of the initiators of the bill, told reporters that the proposed amendments are not intended to completely block cryptocurrency transactions. Limits on the amount of a single transaction of 1,000 euros (about $1080) are introduced for anonymous payments.
"We absolutely do not prevent cryptocurrency transactions, but we limit their volume for cases where user identification is not possible," said Damien Karem.
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