The EU anti-money laundering regulation amendment covers areas such as DeFi, DAO, NFT, and the metaverse
According to Chain Catcher, The Block reported that members of the European Parliament have drafted a series of amendments to expand the scope of regulations regarding anti-money laundering (AML) and counter-terrorism financing (CTF) to include DAOs, DeFi protocols and their developers, as well as individuals trading NFTs. Crypto asset service providers may be required to comply with AML rules when handling transactions exceeding 1,000 euros.
It is reported that the amendment needs to be voted on before it can enter the European Parliament's report on AML regulation. Then, the final report needs to be approved by a vote in the plenary sessions of all parliamentary committees. The final report on the Parliament's position is expected to be released in December, at which time a technical meeting regarding the AML report will be scheduled. (Source link)