According to a draft proposal seen by CoinDesk, members of the European Parliament seeking to combat money laundering want to target large crypto transactions as well as the metaverse, decentralized finance (DeFi), and non-fungible tokens (NFT). The European Parliament is now debating a 2021 revision of European Union money-laundering regulations suggested by the European Commission. The document, labelled as a collection of “compromise amendments” to the law aimed at reaching agreement among various political groupings, combines a July proposal by left-wing parliamentarians to include decentralized finance under the bill’s ambit.
