The proposals would make crypto-assets more traceable, the EU Commission said, and would help stop money-laundering and the financing of terrorism.
The new rules would also prohibit providing anonymous crypto-asset wallets. The proposals could take two years to become law.
The Commission argued that crypto-asset transfers should be subject to the same anti-money-laundering rules as wire transfers.
To become law the proposals will need the agreement of member states and the European Parliament.
Source: BBC, July 20th https://www.bbc.com/news/technology-57901113
