đ¨ Attention, crypto enthusiasts, new rules are on the way!
The European Union has officially adopted the Anti-Money Laundering Regulation (AMLR), and now there are new rules in the crypto world. Whatâs changing?
đ Anonymous wallets are banned
đ° Monero, Zcash, and Dash - out (didnât get invited to the party)
đ§ All transactions over âŹ1,000 - require identity verification (well, there goes hiding purchases from mom)
đŽ A new AML authority will keep an eye on major platforms
Now the questions:
Should governments have the power to ban private digital transactions? đ¤
Or is this just a tough but necessary step to protect users from fraud? đź
#EUPrivacyCoinBan #SecretsUnderLock #CryptoRegulation $BTC