A crypto-asset that is unique and not fungible with other crypto-assets, including digital art and collectibles
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Last updated: 22 August 2026.
What does "Non-fungible token" mean under the AMLR?
A crypto-asset that is unique and not fungible with other crypto-assets, including digital art and collectibles
Last updated: 22 August 2026.
The AMLR is Regulation (EU) 2024/1624. It applies from 10 July 2027 and is directly applicable, so from that date customer due diligence, beneficial ownership, reporting and internal controls come from EU law rather than national statute. Cash payments for goods and services are capped at €10,000. Football clubs and agents follow on 10 July 2029.
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