#EUPrivacyCoinBan

The European Union is intensifying efforts to regulate privacy-focused cryptocurrencies due to concerns over money laundering and terrorism financing. The European Banking Authority (EBA) has highlighted the risks associated with privacy coins and self-hosted wallets, urging crypto firms to monitor such activities closely . In response, major exchanges like Binance have delisted privacy coins in several EU countries, including France, Italy, Spain, Poland, and Belgium, to comply with local regulations . These developments signal a broader EU initiative to tighten cryptocurrency regulations, potentially impacting the availability and use of privacy coins across the region.

The Block

+4

Cointelegraph

+4

Decrypt

+4

Coinlive

+3

CoinDesk

+3

The Block

+3

Binance

+10

The Block

+10

Cointelegraph

+10

#EURegulations #PrivacyCoins #CryptoCompliance #AML #BinanceDelisting #CryptoPrivacy