Europe Plans to Ban Monero by 2027
Europe Plans to Ban Monero by 2027
cointelegraph.com
EU to ban anonymous crypto accounts and privacy coins by 2027
The EU’s AML regulation will ban privacy-enhancing accounts and cryptocurrencies while bringing more oversight for crypto service providers in the bloc.
The regulation is part of a broader AML framework that includes bank and payment accounts, passbooks and safe-deposit boxes, “crypto-asset accounts allowing anonymisation of transactions,” and “accounts using anonymity-enhancing coins.”