Members of the European Parliament believe that the decentralized financial sector, including NFT platforms, should be subject to EU anti-money laundering laws. This is due to proposed changes in legislation.

Additions were made by representatives of the European Green Party and the Socialists. Decentralized organizations or DeFi sites AML/CFT– Procedures “regardless of whether they are designated as DAO or DeFi”:

“Developers, owners or operators should assess money laundering and terrorist financing risks prior to launch and take appropriate action to mitigate these risks.”

Legislators have also proposed to include wallets that are not managed by any regulated service provider.

The changes may also affect NFT platforms, which act as intermediaries for the trading of assets that “represent proof of ownership of works of art or collectibles”.

The authors of the amendments believe that such sites are also subject to EU money laundering legislation.

In addition, the Financial Times reports that the European Central Bank (ECB) is concerned about the development of industry-specific regulations by individual countries before the adoption of uniform EU rules for the cryptocurrency market.

According to sources, the ECB plans to discuss the need to harmonize its approach to regulating crypto assets with eurozone member states.

Earlier, the Council of the European Union and the European Parliament agreed on the provisions of the draft law on the regulation of cryptocurrencies. Mica. Explains the rules applied to issuers of unsecured cryptoassets, stablecoins, trading and custody platforms.

The document does not affect the NFT. In the next 18 months, the European Commission can supplement this with relevant provisions.

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