EU to Ban Privacy Coins, Anonymous Crypto Accounts by 2027




EU to Ban Privacy Coins, Anonymous Crypto Accounts by 2027
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The European Union (EU) is set to utilize its Anti-Money Laundering Regulations (AMLR) to ban privacy cryptocurrencies (privacy coins) and anonymous crypto accounts by the year 2027. Observers interpret this as a specific implementation within the Markets in Crypto-Assets (MiCA) regulation. The European Crypto Initiative (EUCI) recently released its “AML Handbook,” which focuses on how…

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