EU's New Crypto Rules: Protection or Privacy Loss? 🚨
The EU's Anti-Money Laundering Regulation (AMLR) is set to revolutionize crypto oversight:
🔹 Ban on anonymous crypto wallets & privacy coins (Monero, Zcash, Dash)
🔹 KYC checks for transactions over €1,000
🔹 New EU authority (AMLA) to supervise major crypto firms
But will this increased oversight:
🛡️ Protect users and fight crime?
🚫 Limit financial privacy and stifle innovation?
The debate rages on! What do you think? Should governments prioritize security or individual freedom? #EUPrivacyCoinBan