EU to vote on draft Funds Transfer Regulation covering crypto regulation

03/28 01:07

The European Union will vote on March 31 to amend the Funds Transfer Regulations, which include several provisions for the regulation of crypto assets, including all crypto transactions will be deemed “travel rule eligible”. Exchanges will be required to collect, verify and report information on non-customers using self-hosted wallets. Another provision would require exchanges to inform “competent authorities” of every single transfer from a non-customer’s self-hosted wallet equal to or greater than 1,000 EUR — regardless of any suspicion of bad activity.
bullishbullishbullish18bearishbearishbearish16LikeShare
DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

Related Articles

  • Image

    This Finance CEO Picks Solana Instead Of Bitcoin — Here’s Why

  • Image

    Ethereum Shortfall Says Price Is Headed Lower Unless This Happens

  • Image

    Top Coins Gaining Attention as Bitcoin Stalls and Ethereum Slows, With Little Pepe (LILPEPE) Starting To Emerge

All Comments0LatestHot

avatar
LatestHot

Related Articles

  • Image

    This Finance CEO Picks Solana Instead Of Bitcoin — Here’s Why

  • Image

    Ethereum Shortfall Says Price Is Headed Lower Unless This Happens

  • Image

    Top Coins Gaining Attention as Bitcoin Stalls and Ethereum Slows, With Little Pepe (LILPEPE) Starting To Emerge