The European Union continues its steps to restrict cryptocurrencies that enhance privacy such as Monero and Zcash. Under the pretext of combating money laundering and financing terrorism, a complete ban on trading these currencies on regulated platforms within the European Union is now being proposed.
But is this a step towards transparency? Or a direct attack on financial freedom and digital privacy?
What could this decision mean?
Restricting the use of currencies that protect identity.
Pushing users towards decentralized solutions and outside the legal framework.
Negative impact on innovation in the blockchain field.
Question for the public:
Do you support this ban for the sake of security? Or do you see it as a violation of individuals' right to financial privacy?
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