Encryption: The European Union mandates transparency starting from 2027.
In Brief
Mandatory Transparency: Towards a Public Ledger for Crypto Wallets
Innovation or Invasion of Privacy?
Encryption and Regulation: A Catalyst for New Technologies?
The European Union is putting an end to anonymity in crypto transactions. Starting from July 1, 2027, any transfer exceeding 1000 euros will require the precise identity of the sender and receiver to be disclosed. According to Pascal Donohoe, head of the Eurogroup, these new Anti-Money Laundering Rules (AMLR) now clearly place blockchain and digital assets under the direct supervision of European authorities. For crypto enthusiasts, this measure represents a necessary revolution and a painful betrayal.
In Brief
Starting from July 2027, the European Union will enforce identification for all crypto transfers exceeding 1000 euros, ending anonymity.
Centralized platforms and self-custody wallets will have to register users' personal data.
While some see this as a security advancement, others condemn it as a serious violation of privacy and the decentralized spirit of Web3.
