Europe cancels AML amendment that would have forced identity verification for non-custodial wallets: report
Amendments drafted by European Parliament members on anti-money laundering (AML) regulation removed provisions seeking compulsory identification for crypto transfers involving non-custodial wallets, according to crypto news outlet The Block reported on Thursday. See related article: EU seeks to limit banks’ crypto exposure Fast facts See related article: Bitcoin, proof-of-work ban removed from European Union’s MiCA