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Payment restriction in EU anti-money laundering bill irks crypto industry

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EXCLUSIVE: Payment restriction in EU anti-money laundering bill irks crypto industry By InbarPreiss

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InbarPreiss That's bull**it, with the excuse of anti-money laundering they are targeting an emergent industry. That's the last example of weaponizing burocracy in orwellian states.

DomSchiener InbarPreiss Where can I view the shimmer roadmap?

InbarPreiss Such an approach is not technologically neutral, it favors centralized service providers. Merchants can accept more than €5,000 in cash. The threshold on permitted crypto payments is much lower, at €1,000. Seems as a bias targeting on decentralized finance protocols.

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