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#EUPrivacyCoinBan EU Privacy‑Coin Ban is a portion of its updated Anti‑Money Laundering Regulation (AMLR) of July 1, 2027. It criminalizes utilization of any "privacy‑preserving tokens" (like Monero, Zcash, and Dash) as well as crypto accounts anonymous across member states under Article 79 of the law. Banks, exchanges, as well as service providers (cryptographic‑asset service providers) will need to cease offering or operating any token or account for transaction anonymization. Major points: Scope: Bans include privacy coins and any wallet/account that is not fully Know‑Your‑Customer (KYC) identified. Thresholds: CASPs with ≥ 20,000 clients in one state or ≥ €50 million annual crypto volume are directly supervised by the new EU Anti‑Money Laundering Authority (AMLA). Transaction monitoring: All crypto transactions above €1,000 are subject to identity verification, bringing crypto flows in line with traditional finance standards. Implications: EU-platform trading in privacy-coins will be blocked or delisted, potentially pushing activity to unregulated platforms or offshore jurisdictions. Detractors claim this would curb innovation and push users towards decentralised or offshore services. Supporters claim it is needed to deter illicit finance and bring greater transparency to Europe's digital-asset markets. Lastly, the EU's 2027 deadline is a turning point: crypto assets will now be required to "play by the same AML rules" as banks, bringing an on-chain anonymity chapter to a close in its region.
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#AppleCryptoUpdate Apple Might Just Flip the Crypto Game on Its Head Forever! Apple is quietly laying the groundwork for something BIG in crypto. - New listings for blockchain developers' positions - iOS 18 rumored to natively support crypto wallets - Apple Pay already supporting Coinbase & Binance cards Is $ BTC to be next stored natively on iPhones? Imagine: - No more third-party apps - Wallet access through Face ID - Crypto payments directly through iMessage If Apple goes all in on crypto, $AAPL might be the next $BTC of shares. 👍
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six letter word #WORDOFTHEDAY✅ #wordoftheday
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#DigitalAssetBill The **Digital Asset Bill** is a bill proposed to be enacted to oversee digital assets, including cryptocurrencies and other blockchain-based tokens. While the specifics may vary depending on the jurisdiction, the primary goals of such a bill typically are: 1. **Regulation**: Establishing clear regulations for the creation, trading, and use of digital assets to enable security, transparency, and consumer protection
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#WORDOFTHEDAY✅ #wordoftheday 8 latter
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