$USDC The European Union has officially adopted the Anti-Money Laundering Regulation (AMLR) to strengthen oversight of cryptocurrencies. The new rules prohibit anonymous crypto wallets and privacy coins such as Monero, Zcash, and Dash. Starting in 2027, all crypto transactions exceeding 1000 euros will require identity verification, and a new anti-money laundering body will oversee major platforms.
Should governments have the authority to ban private digital transactions? Or is this a necessary step to prevent abuse and protect users?