The EU Council and Parliament reach a provisional deal on Anti-Money Laundering Regulation, which will force all crypto companies to conduct user due diligence (Sandali Handagama/CoinDesk)

Sandali Handagama / CoinDesk:

The EU Council and Parliament reach a provisional deal on Anti-Money Laundering Regulation, which will force all crypto companies to conduct user due diligence  —  Crypto firms have to do checks on transactions of 1,000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.