The European Union has decided that anonymity in crypto is just too much fun, so starting July 1, 2027, new rules are coming into play.
Monero, Zcash, Dash, and other coins that love playing hide-and-seek are now on the naughty list. Any transaction over โฌ1,000 will require full KYC โ meaning a passport, a selfie with your cat, and possibly your grandmaโs favorite recipe. ๐
But donโt worry โ for those still dreaming of privacy, there are still the classic methods: cash under the mattress or crypto swaps at the local market with a grandma selling pies ๐ต๐ผ. Just donโt forget the receipt! ๐
So get ready for a new era of transparency, where every bit will be under the microscope. For now โ enjoy the last days of crypto-anonymity while it's still vintage!
