From July 1, 2027, the crypto revolution officially starts in the EU... but not quite in the direction that anonymity enthusiasts were expecting. The new AMLR regulation against money laundering effectively 'turns off' privacy in crypto.
Firstly, anonymous accounts are banned. Neither banks, nor exchanges, nor crypto wallets will be able to create or maintain them. Secondly, a complete ban on Monero, Zcash, Dash, and other privacy coins. Thirdly, any transaction over €1,000 will require full user identification.
And cherry on top — the creation of the European super regulator AMLA, which will scrutinize all major crypto companies.
Formally — a fight against money laundering. Actually — a serious limitation of financial freedom for those who chose cryptocurrency for its independence and confidentiality.
What should users do? It is already worth evaluating your risks and adapting strategies. The world is changing, and even crypto will no longer be what we knew it to be.
