Informed sources: The EU is establishing a new regulatory agency "Anti-Money Laundering Agency" that will directly supervise crypto businesses

According to The Blocck citing sources, according to a package of anti-money laundering legislation, the European Union is establishing a new regulatory agency "Anti-Money Laundering Agency" (AMLA) to directly supervise encryption businesses, and plans to at least "high-risk" encryption companies. Financial service providers for direct monitoring. The time frame for the regulation's implementation is said to depend on negotiations between the European Parliament and subsequent tripartite talks involving the committee, including the staffing of the Anti-Money Laundering Act, and could take several years.