$USDC In classic EU fashion, they’ve tackled money laundering by... banning privacy. Under the shiny new Anti-Money Laundering Regulation (AMLR), anonymous wallets and privacy coins like Monero and Zcash are set for execution. From 2027, sending over €1,000 in crypto without flashing your ID? Illegal. Because obviously, criminals always obey €1,000 limits.
Pros? Sure. It might catch a few crooks. Platforms will be more transparent. Grandma won’t accidentally buy a rug pull.
Cons? Oh, just the death of digital privacy. Citizens lose their financial autonomy so regulators can sleep at night knowing no one's using pirate money to buy coffee.
This isn’t regulation—it’s financial