#EUPrivacyCoinBan #USDC

This development presents a complex balancing act. On one hand, the anonymity afforded by certain crypto assets has undoubtedly been exploited for money laundering, terrorism financing, and other criminal activities. The lack of transparency can hinder law enforcement efforts and pose risks to the broader financial system. Therefore, measures to increase oversight and transparency are understandable and potentially necessary to mitigate these risks and protect users from scams and fraud.