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Crypto wrap: EU AML rules, billions in bitcoin ETFs, Treasury demands

GRIP Montage: Getty Images

We round up some of the key coverage from the week following the launch of bitcoin ETFs.

EU enforces crypto AML

Under a newly agreed EU deal, crypto-asset service providers (CASPs) will need to apply due diligence on customers carrying out transactions amounting to €1,000 ($1,088) or more. Enhanced due diligence will also need to be performed on very-high-net-worth individuals.

“This agreement is part and parcel of the EU’s