The EU will completely ban anonymous crypto accounts and privacy coin transactions from 2027
On May 3rd, the European Union officially adopted the "Anti-Money Laundering Regulation" (AMLR), which will prohibit all financial institutions and crypto service providers from offering anonymous crypto accounts or wallets starting from July 1, 2027, and will completely ban privacy coins (such as Monero, Zcash, Dash) transactions. The new regulation also requires mandatory identity verification for crypto transactions over 1000 euros, and establishes a new regulatory body AMLA to directly supervise large crypto platforms. (Cointelegraph)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget to decouple loan interest rates from futures funding rates for select coins in spot margin trading
Bitget to decouple loan interest rates from futures funding rates for select coins in spot margin trading
Announcement on Bitget listing IBM,INTC,BABA,ASML,ARM STOCK Index perpetual futures
CandyBomb x BOOST: Deposit or Trade to share 8,332,000 BOOST!
Trending news
MoreCrypto prices
More








