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$#EUPrivacyCoinBan The Europeans Union (EU) has announced that it will prohibit privacy coins and anonymous cryptocurrency accounts by July 2027. The ban targets privacy-focused coins such as Monero and Zcash in a bid to reduce illicit cryptocurrency activities. New anti-money laundering (AML) regulations require that identity verification (KYC) be conducted for cryptocurrency transactions exceeding 1,000 euros. Starting July 1, 2027, Europe will implement strict AML standards, making it illegal to operate with privacy coins and anonymous accounts. Cryptocurrency service providers (CASPs), including exchanges and financial institutions, must collect identification data from all clients or discontinue their services within the EU. The ban on anonymous crypto accounts and privacy coins is set to take effect in 2027. pic.twitter.com/H1QD3RRSB0 Mr. Man (@MrManXRP) May 2, 2025 Privacy Coins Prohibited, Transaction Oversight Intensified Privacy Coins Prohibited, Transaction Oversight Intensified New regulations are set to limit transactions involving privacy cryptocurrencies such as Monero (XMR), Zcash (ZEC), and Dash. The EU will prohibit all cryptocurrencies designed to ensure transaction anonymity from operating within its jurisdiction. Regulators assert that these coins facilitate concealed criminal activities and money laundering. The article “EU's Strict New Crypto Regulations: Privacy Coins, Anonymous Accounts Banned by 2027” originally appeared on Coin Edition.
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#StablecoinPayments "Stablecoin payments are transforming the way we conduct transactions. By tying their value to stable assets like the US dollar, stablecoins offer a dependable and secure method for making payments. With stablecoin payments, you can reap the advantages of cryptocurrency—such as speedy and low-cost transactions—while avoiding the highs and lows of price fluctuations. Whether you’re shopping online or sending money to family, stablecoin payments provide a practical and efficient solution. Wave goodbye to volatility and embrace financial stability. Discover the future of transactions with stablecoins and take charge of your financial dealings." $BNB
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#Trump100Days US President Donald Trump has celebrated the 100th day of his second term in office with a campaign-style speech, touting his achievements and targeting political foes. Hailing what he called a "revolution of common sense", he told a crowd of supporters in Michigan that he was using his presidency to deliver "profound change". The Republican mocked his Democratic predecessor, Joe Biden, and aimed fresh criticism at the US Federal Reserve's chairman, while dismissing polls that show his own popularity slipping. Trump has delivered a dramatic fall in the number of migrants crossing illegally into the US, but the economy is a potential political vulnerability as he wages a global trade war.
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#ArizonaBTCReserve Arizona has enacted the Strategic Bitcoin Reserve Act, allowing the state Treasury and pension funds to invest up to 10% of available funds in Bitcoin and other digital assets. If signed into law, Arizona would be the first state in the U.S. to officially invest public funds in Bitcoin. 💬 What are your thoughts on states holding Bitcoin? Could this create a trend for others to follow? Let us know! AbuDhabiStablecoin Abu Dhabi’s ADQAbu Dhabi, IHC, and First Abu Dhabi Bank are set to introduce a dirham-backed stablecoin that will be fully regulated by the UAE Central Bank. This initiative is part of a comprehensive national strategy aimed at boosting the region’s digital asset economy. 💬 How do you think government-backed stablecoins will influence the future of cryptocurrency and global payments? Share your opinions! 👉 Join the conversation by creating a post with the ArizonaBTCReserve, AbuDhabiStablecoin, or the $BTC TC cashtag to earn Binance points! You can also share your trading profile and insights. (Press the “+” icon on the App homepage and select Task Center) Activity Period: 2025-04-29 06:00 (UTC) to 2025-04-30 06:00 (UTC) Points are awarded on a first-come, first-served basis, so don’t forget to claim your points daily!
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