The European Union has officially passed the Anti-Money Laundering Regulation (AMLR) to strengthen the regulation of cryptocurrencies. The new rules will prohibit anonymous cryptocurrency wallets and privacy coins such as Monero, Zcash, and Dash. Starting in 2027, all cryptocurrency transactions over 1,000 euros will require identification, and a new anti-money laundering agency will oversee large platforms.

💬 Should the government have the authority to ban private digital transactions?