MiCA 2.0: EU Bans Anonymous Stablecoin Transfers
The EU’s updated **MiCA 2.0** regulations now require KYC for all stablecoin transactions over **€1,000**, effective immediately. USDT and USDC dipped **5%** on the news, but privacy coins like Monero (XMR) jumped **25%**.
“This protects users,” said EU Finance Commissioner Mairead McGuinness. Exchanges like Binance will enforce the rules via wallet screening.
*Fallout:*
- **Stablecoin Shakeup:** Tether announced a compliant “EURO-T” token.
- **Privacy Boom:** Zcash and Secret Network volumes doubled.
**👉 Trade XMR/USDT:** [Binance](https://www.binance.com)
