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"But in the name of rooting out money laundering and proceeds of crime as they make their way through the US economy, every part-owner of a pet salon, car wash, or handyman service will be required to divulge their identity and ownership percentage to the US' financial intelligence agency established to combat money laundering and terrorist financing. Guilty before proven innocent."

It is not only in Germany that research is being conducted into how more complex legal cases can be simplified with the help of AI. The question is no longer whether. We would like to point out a series of research projects that aim to provide information on the applicability of AI in everyday legal practice.

“Anonymous cash payments over €3,000 will be banned in commercial transactions. Cash payments over €10,000 will even be completely banned in business transactions. And anonymous cryptocurrency wallets operated by providers (hosted wallets) will be prohibited without a threshold.”

https://www.patrick-breyer.de/en/pirates-eu-cash-cap-and-ban-on-anonymous-hosted-crypto-wallets-results-in-financial-paternalism/