According to CoinMeta, Wu said that he learned that the German Federal Ministry of Finance has proposed a draft anti-money laundering bill that aims to incorporate cryptocurrency accounts into the existing automated account inquiry system. The bill requires crypto asset service providers to provide information such as account holders' identities, account identifiers, and dates of account opening and closure. Relevant records are to be retained for 10 years after the account is closed. The draft also authorizes financial intelligence units to request exchanges and other institutions to conduct targeted monitoring of designated accounts that are suspected of money laundering, related crimes, or pose a significant risk of terrorist financing, and to report the results. The draft was published on October 28th, with the deadline for public comments set for November 19th, and implementation is planned for July 10, 2027.