#EUPrivacyCoinBan Between confidentiality and regulation: is the European Union destroying the essence of crypto or protecting its future?"
Such steps show an increase in regulatory oversight in the cryptocurrency market, which reflects a global trend towards transparency and financial compliance.
On one hand, this decision could help reduce the use of cryptocurrencies in illegal activities such as money laundering and illicit financing, which strengthens the trust of institutions and investors in the market, and supports long-term institutional adoption.