'The regulatory scythe swings towards anonymity, and the 'transparency' of the crypto world has become a foregone conclusion — compliant entities live, while those in the dark die!'
The EU is serious this time! The newly established Anti-Money Laundering Agency (AMLA) has made a strong statement: all exchanges and wallet platforms must honestly reveal their 'hidden cards'. Simply put, there are three main things:
Identity verification: Shareholders and actual controllers must disclose their identities to prevent dirty money from entering (for example, the 'certain exchange explosion case' involving shell companies for money laundering serves as a cautionary tale);
Ban on anonymity: Privacy coins (like Monero XMR) and anonymous wallets are directly sentenced to 'death', and future transfers may have to adopt a 'real-name system' like banks;
Backdoor access: Before 2027, regulators can retrieve transaction data at any time, and even 'typing...' may be monitored.
Short-term bearish, long-term bullish! Don't be fooled by the current market drop (refer to last year's 20% flash crash of BTC when the US SEC sued a certain entity), but the rules are becoming clearer, and only then will large funds dare to enter the market. However, the tactic of 'direct data access' is too harsh — if exchanges become 'regulatory informants', can user privacy and the original intention of DeFi still be preserved?
'When every coin can be tracked, will you choose to embrace compliance or go underground? Follow Brother Lei for the next issue's revelation: After the extinction of privacy coins, which sectors might quietly thrive?'
