EU Lawmakers Approve Limits on Anonymous Crypto Wallet Payments.

Lawmakers in the European Parliament have voted in favor of imposing limits on payments by unverified crypto users, as part of a large scale overhaul of money laundering laws. The plans include measures to forbid businesses from accepting large cash payments and create a new European Union Anti-Money Laundering Agency. The cap of 1,000 euros won't apply if a regulated wallet provider is involved or the identity of the payer is known. The vote allows negotiations to begin with the Council, representing European Union member states, which has sought to outlaw cryptocurrencies that permit anonymity, such as monero and dash.