· May 2

EU to ban anonymous crypto accounts and privacy coins by 2027

The European Union will ban anonymous cryptocurrency accounts and privacy-preserving tokens such as Monero and Zcash starting in 2027 under new Anti-Money Laundering Regulation (AMLR). Credit institutions, financial institutions, and crypto-asset service providers (CASPs) will be prohibited from maintaining anonymous accounts. CASPs operating in six or more EU member states...