According to The Block, the European Parliament has added an article to the draft EU anti-money laundering regulations, restricting commercial encryption payments. Only transfers made by EU-licensed encryption service providers are allowed to exceed 1,000 euros. MEPs will meet this week to discuss their responses to the draft, and one of the latest proposed changes would empower the European Commission to review the provision in the coming years and propose legislative changes if needed. The legislation is still under negotiation and subject to change. The European Parliament also added a revision line to the most recent draft. Two years after the regulation was implemented, the European Commission may need to assess whether a ban on anonymous crypto accounts is necessary.