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#EUPrivacyCoinBan The European Union has officially approved a comprehensive Anti-Money Laundering Regulation (AMLR) that includes a ban on privacy-focused cryptocurrencies such as Monero (XMR), Zcash (ZEC), and Dash (DASH). This regulation is set to take effect in 2027. Key Provisions of the Regulation Ban on Privacy Coins: Financial institutions and crypto-asset service providers within the EU will be prohibited from engaging with privacy-enhancing coins. This includes restrictions on holding, trading, or facilitating transactions involving these cryptocurrencies. Restrictions on Anonymous Wallets: The regulation also targets anonymous crypto wallets. Custodial wallet providers will be required to verify the identities of their users, effectively banning services that offer anonymity. Enhanced Transparency Measures: The AMLR aims to increase transparency in the crypto space by enforcing stricter Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols across all crypto transactions. $DASH $USDC
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The European Union has officially approved the Anti-Money Laundering Regulation (AMLR), which includes a comprehensive ban on privacy-focused cryptocurrencies such as Monero (XMR), Zcash (ZEC), and Dash (DASH). This regulation is set to take effect on July 1, 2027, and aims to enhance transparency in the crypto sector by prohibiting anonymous transactions and the use of privacy coins . Key Highlights of the AMLR: Ban on Privacy Coins: The regulation will prohibit the use of cryptocurrencies that offer enhanced anonymity features, effectively banning privacy coins within the EU . Restrictions on Anonymous Wallets: The AMLR also targets pseudonymous cryptocurrency accounts and self-custody wallets that allow for anonymized transactions . Increased Oversight: Crypto Asset Service Providers (CASPs) operating across at least six EU member states will be under the direct supervision of the newly established Anti-Money Laundering Authority (AMLA) . These measures are part of the EU's broader efforts to combat money laundering and illicit financial activities by increasing transparency in the cryptocurrency space. While the regulation aims to enhance security, it has raised concerns about financial privacy and the potential impact on legitimate use cases for privacy coins. #EUPrivacyCoinBan
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$ASR 👍 1.6 to 1.7
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$ASR Current Price: $1.472 24H Volume: 10.84M ASR 24H Range: $1.131 – $1.693 Next Bullish Targets: • TP1: $1.580 • TP2: $1.640 • TP3: $1.710 Support Zone: $1.420 – $1.455 Stop-Loss: Below $1.410 (recent base support) Volume is still hot, and if bulls reclaim $1.50, another leg up could fire quickly—watch closely buy and trade here $ASR
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$LAYER SURGING AGAIN – READY FOR A SECOND WAVE❓$LAYER rebounded hard from a low of $2.8811 to hit a fresh 24H high at $3.1239, locking in a powerful +10.11% gain so far. Current Price: $3.0988 24H Volume: 11.20M LAYER 24H Range: $2.8059 – $3.1239 Next Bullish Targets: • TP1: $3.1800 • TP2: $3.2450 • TP3: $3.3200 Support Zone: $2.9800 – $3.0200 Stop-Loss: Below $2.9400 Volume is healthy, structure looks strong—watch closely if $3.12 breaks again! buy and trade here $LAYER
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