Small Digital Euro Payments Won’t Need Laundering Checks, ECB Official Says

But they come in the week that the EU prepares to end the possibility for anonymous crypto payments altogether. The European Parliament is due to vote Thursday on how to extend existing money laundering controls to crypto payments. An existing threshold of EUR 1,000 ($1,100) under which a payer’s details don’t have to be recorded seems likely to be scrapped for virtual assets, as lawmakers say it’s too easy to circumvent the rules by splitting up large payments.