🇪🇺 The EU will ban anonymous crypto wallets and private coins starting in 2027
🖥 The European Union has approved new rules to combat money laundering (AMLR), which will prohibit the use of anonymous accounts and private tokens starting in 2027 — including Monero (XMR) and Zcash (ZEC).
📜 According to Article 79 of the AMLR, crypto services and financial organizations are prohibited from:
🟠 opening or servicing anonymous accounts,
🟠 working with crypto assets that provide complete anonymity of transactions.
🗣️ The new rules also introduce:
🟠 mandatory customer verification for transactions over €1000,
🟠 direct AMLA oversight of CASP platforms operating in six or more EU countries,
🟠 selection of 40 companies for enhanced scrutiny starting in July 2027.
⚖️ These regulations are a continuation of MiCA and the entire AML package, aimed at minimizing the risks of cryptocurrency abuse in money laundering schemes.
