From Investing.com:

The European Union made a pact to improve national authorities’ cooperation in combating money laundering, including in the crypto sector. The deal will create a new EU anti-money laundering authority and expand existing rules to include checks on crypto asset transactions over 1,000 euros. Employees at luxury goods retail outlets will also have to conduct checks. There will be an EU-wide maximum limit of 10,000 euros for cash payments. The new rules still need formal approval before becoming law.



Read more: EU agrees on stricter rules to combat moneylaundering and capture cryptoassets By Reuters