#EUPrivacyCoinBan

Such steps demonstrate an increase in regulatory oversight in the cryptocurrency market, reflecting a global trend towards transparency and financial compliance.

On one hand, this decision could help reduce the use of cryptocurrencies in illegal activities such as money laundering and illicit financing, which strengthens the confidence of institutions and investors in the market, and supports long-term institutional adoption.

But on the other hand, this constraint deprives crypto of one of its most notable original features, namely privacy, which could lead to a migration of some users to decentralized platforms or alternative systems that are not subject to the same rules.