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SELIM ULLAH 19
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SELIM ULLAH 19
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#EUPrivacyCoinBan #EUPrivacyCoinBan A key element is the new *** Anti-Money Laundering Regulation (AMLR) ***, which is part of a broader EU legislative package to combat financial crime. This package was in June 2024 published in the Official Journal of the EU. What AMLR means for privacy coins and anonymity in cryptocurrencies: * Prohibition for service providers: AMLR prohibits regulated entities, such as banks, financial institutions, and crypto-asset service providers (CASPs) – which includes cryptocurrency exchanges – from offering or managing: - Anonymous crypto accounts or wallets: It is not possible to have an account or wallet with a regulated provider without identity verification (KYC - Know Your Customer). - Services for anonymity-enhancing coins (privacy coins): Regulated providers will not be allowed to hold or facilitate transactions with coins designed to hide the identity of the sender or receiver (e.g., Monero, Zcash, Dash). * Objective: The main goal of these measures is to increase the transparency and traceability of crypto-asset transactions to prevent their misuse for money laundering, terrorist financing, and other criminal activities. * Timing: While parts of the new AML/CFT framework and the MiCA (Markets in Crypto-Assets) regulation start applying gradually from the end of 2024, the specific prohibition concerning anonymous accounts and privacy coins for CASPs is expected, according to available information, to come into effect in 2027 (some sources mention July 1, 2027). * Supervision: Compliance with the rules will be overseen by the new pan-European Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA), based in Frankfurt, which will have the power to directly supervise some large financial institutions and CASPs.
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#AppleCryptoUpdate This appears to be a speculative or fictional announcement. To confirm, Apple has made no official statements about allowing cryptocurrency for in-app purchases on the App Store. For accurate and up-to-date information on Apple's policies and cryptocurrency developments, consider checking reputable sources like: - Apple's official website and announcements - Financial news outlets (e.g., Bloomberg, CNBC) - Cryptocurrency news websites (e.g., Coindesk, Cointelegraph) These sources provide reliable information on tech and crypto trends.
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$BTC surged to a multi-month high of $98,000 but failed to break the key $100K level, pulling back slightly to trade just above $96K. The move followed a sharp rally from $84K, with consolidation between $93K–$95K before Thursday’s breakout. Despite the rejection, Bitcoin’s dominance has climbed to nearly 64%, hinting at a potential shift for altcoins.
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$BTC touched $97,400 today—just $600 shy of my $98,000 prediction. Right now, it's hovering around $97K. But don't jump into shorts yet. Why? Tonight’s Non-Farm Payroll data release at 8:30 PM could shake the markets. Historically, such events cause sharp spikes. A favorable report might push BTC beyond $98,000. After that? Expect BTC's bullish momentum to slow down, possibly leading to a major correction. But there’s another wildcard—May 8 Interest Rate Meeting. Whether rates are cut or held will steer the crypto trend ahead. Too soon to call. Best Move: Sit tight. Let the dust settle. Smart money waits. #CryptoInsights #BTCUpdate #FinanceWith[YourName
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