The European Union’s new AML Authority (AMLA) has identified crypto as the #1 money-laundering risk area. Around 75% of EU jurisdictions currently lack robust regulations, prompting AMLA to launch a full-scale initiative to supervise the 40 largest financial and crypto firms by 2028.
France has already begun enforcement, initiating multiple probes into exchange operations, including Binance’s KYC systems. This is a wake-up call for platforms and users alike. Expect mandatory KYC, detailed transaction tracking, and increased restrictions for cross-border transfers in coming years.
What does this mean for the everyday trader? It means better safeguards, but also tighter control. Anonymous transactions may fade. For creators, this is a key educational opportunity. Write breakdowns on how AML rules work, the difference between FATF compliance and local regulation, and how users can protect their privacy while remaining compliant.
This wave of regulation could either suppress or legitimize crypto in the EU—depending on how platforms respond. The conversation is shifting from “how to avoid” to “how to align.”
#AMLACrypto #EUCompliance #kyc #CryptoPrivacy
