i don't know the intricacies of AMLD5 but i think it mandated a €50 limit on anonymous payment methods. IIRC even EU-based faucets and tipping services shut down because of it. so i'm not entirely surprised. brutal...
That is a really stupid law if it is true. A gift card is an anonymous payment method. If you buy them with cash they are more private than using Bitcoin. Does that mean that Amazon is going to start KYCing customers who pay with gift cards?