It's a about any company not allowed to receive a payment of over 3000 euros from an anonymous source!
Where did you read this upper limit? In
here, I read that
any payment from an "anonymous source" is proposed to become illegal. And what's an anonymous source exactly? Am I supposed to identify my UTXO to the government? Otherwise, how is it supposed to work?
From here:
https://data.consilium.europa.eu/doc/document/ST-6220-2024-REV-1/en/pdfBoth articles 31b and 58 are about " crypto-asset service providers", the EU doesn't regulate and doesn't care about anything that is not a contract between two persons in the EU, if it's personal finances, each country on its own.
Also this:
https://twitter.com/paddi_hansen/status/1771929859704389954Far more detailed analysis that I could ever do and obviously
moar than what screaming guys on twitter have to say!
Especially this line:
:https://twitter.com/paddi_hansen/status/1771929885184844115
I don't think this is how it works. As far as I understand, the store is forbidden from accepting a crypto transaction whose source is not reported to the government, therefore accept only KYC, "clean" coins directly from exchanges.
It was just an example of the stupidity of the bravado, I sent a tx the CIA didn't stop me, but I made it a bit to simple!
Stores will be limited at above value x (again each country can amend these values), to some restricted way of payments, so when you purchase over the sum the customer won't be able to pay unless he uses pre-approved methods, card, wire, but if some crypto provider regulated in the said country manages to do that it will be again accepted, taking into account it's a payment provide who goes through all KY/AML regulations just like a bank!
And no as long as a store accepts crypto it comes to its own "due diligence" .