6th Anti-Money Laundering Directive
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The 6th Anti-Money Laundering Directive (6AMLD) is an EU directive.[1]
Linus Neumann of the Chaos Computer Club argues that blockchain-based currencies are not in the interest of the user.[2]
According to the German Customs Investigation Bureau, the amount of events associated with cryptocurrency rose eightfold between 2018 and 2021.[2]
Obligations of the crypto currency industry
The directive as proposed is among the most aggressive in the world, according to Böck of the University of Innsbruck.[2] The new rules demand that e.g. cryptocurrency exchanges vet transactions above 1000 EUR.[2]