$USDC This is part of the newly adopted Anti-Money Laundering Regulation (AMLR) , aimed at increasing transparency and combating financial crime.

The ban will affect cryptocurrencies designed to obscure transaction details, like Monero and Zcash , as well as anonymous accounts and unverified crypto transfers .

It’s part of new Anti-Money Laundering Regulations (AMLR), coming into force by 2027.

These rules will:

Ban crypto businesses from handling privacy tokens