清風徐來
虛擬貨幣市場的摸索者、因爲經驗不到兩年、其中還有被騙開了假交易所、玩的很高興但錢拿不出來、後來才認識幣安、也發現其實幣圈跟我熟悉的傳統金融商品很多差不多、只是波動性比較大、所以風控對於幣圈投資很重要、其實只要找到自己適合的方法、長期執行就會有不錯的收益。希望我的文章能對和我一樣幣圈初學者有幫助。
351 Following
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PINNED
#2025年的币圈春晚来啦谁是今晚的财富主角
The rise of BTC will drive the strength of many currencies. In the next year, we may often hear about BTC setting new highs. Although I don’t have many positions in BTC, if my view on BTC is correct, other mainstream currencies will also have good performance. The main currencies that have been added during this period are ETH, BNB, BNSOL and other relatively weak currencies or currencies that can participate in mining. The reasons for optimism are the lagging catch-up market and the benefits of mining. Although we don’t know when it will start, spot investment is meant to be held for a long time, get returns, and be judged by the final results of waiting. $BTC
The rise of BTC will drive the strength of many currencies. In the next year, we may often hear about BTC setting new highs. Although I don’t have many positions in BTC, if my view on BTC is correct, other mainstream currencies will also have good performance. The main currencies that have been added during this period are ETH, BNB, BNSOL and other relatively weak currencies or currencies that can participate in mining. The reasons for optimism are the lagging catch-up market and the benefits of mining. Although we don’t know when it will start, spot investment is meant to be held for a long time, get returns, and be judged by the final results of waiting. $BTC
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#2025新年加密愿望清单
I hope for a good development in the cryptocurrency market by 2025. Currently, the investment in the crypto space remains a mystery. To be honest, the artificial hype is too outrageous, and there is a lot of false information circulating. Moreover, new coins often become tools for project parties and early investors to cash out. With a long-term investment mindset, it is often difficult to truly make money; holding for too long may also lead to delisting, and to be honest, there are many currencies that have been delisted. Perhaps decentralization is the original intention, but if virtual currencies are to become asset tools, there must be some institutional norms to define them; otherwise, they are merely speculative products. You never know if the asset you hold will become worthless in the next moment. I hope for a positive development in the new year. Everyone says Trump's presidency is beneficial for the crypto space (but could this also be fake news?), only the parties involved truly know. Disregarding the rumors, find the reasons and targets you believe in and are willing to invest in, and then observe the development process of the crypto space, adjust your allocations to reduce risks, and increase your odds of winning. My wish is to succeed in this game of chance. $BTC
I hope for a good development in the cryptocurrency market by 2025. Currently, the investment in the crypto space remains a mystery. To be honest, the artificial hype is too outrageous, and there is a lot of false information circulating. Moreover, new coins often become tools for project parties and early investors to cash out. With a long-term investment mindset, it is often difficult to truly make money; holding for too long may also lead to delisting, and to be honest, there are many currencies that have been delisted. Perhaps decentralization is the original intention, but if virtual currencies are to become asset tools, there must be some institutional norms to define them; otherwise, they are merely speculative products. You never know if the asset you hold will become worthless in the next moment. I hope for a positive development in the new year. Everyone says Trump's presidency is beneficial for the crypto space (but could this also be fake news?), only the parties involved truly know. Disregarding the rumors, find the reasons and targets you believe in and are willing to invest in, and then observe the development process of the crypto space, adjust your allocations to reduce risks, and increase your odds of winning. My wish is to succeed in this game of chance. $BTC
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Xai
Sai x Keith
--
@CZ @Yi He @XAI_GAMES
Web3 Game Revolution: A New Era of Fun and Profit
For a long time, Web3 games have claimed to revolutionize the industry but have failed to deliver an experience comparable to traditional games. The once-popular 'play-to-earn' model often turned this upside down: players were forced to grind through tedious tasks in order to earn tokens, and these token economies often proved to be short-lived. XAI Games is leading a true gaming revolution, completely overturning this status quo.
With innovative technologies like Xai Play and Proof-of-Skill, XAI perfectly integrates blockchain into the mainstream gaming world. Players do not need to learn any blockchain knowledge or leave their familiar platform environment; they can continue playing their favorite Steam games and earn tangible rewards based on their gaming achievements. From now on, blockchain technology takes a back seat, no longer being an obstacle, and the fun and competition of gaming return to the forefront. Essentially, the model created by XAI allows Web3 games to rediscover their initial focus on 'fun' while also providing additional value to players, truly achieving a win-win new ecosystem of fun and profit.
$XAI
Web3 Game Revolution: A New Era of Fun and Profit
For a long time, Web3 games have claimed to revolutionize the industry but have failed to deliver an experience comparable to traditional games. The once-popular 'play-to-earn' model often turned this upside down: players were forced to grind through tedious tasks in order to earn tokens, and these token economies often proved to be short-lived. XAI Games is leading a true gaming revolution, completely overturning this status quo.
With innovative technologies like Xai Play and Proof-of-Skill, XAI perfectly integrates blockchain into the mainstream gaming world. Players do not need to learn any blockchain knowledge or leave their familiar platform environment; they can continue playing their favorite Steam games and earn tangible rewards based on their gaming achievements. From now on, blockchain technology takes a back seat, no longer being an obstacle, and the fun and competition of gaming return to the forefront. Essentially, the model created by XAI allows Web3 games to rediscover their initial focus on 'fun' while also providing additional value to players, truly achieving a win-win new ecosystem of fun and profit.
$XAI
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Xai
Sai x Keith
--
@CZ @Yi He @XAI_GAMES
Web3 Game Revolution: A New Era of Fun and Profit
For a long time, Web3 games have claimed to revolutionize the industry but have failed to deliver an experience comparable to traditional games. The once-popular 'play-to-earn' model often turned this upside down: players were forced to grind through tedious tasks in order to earn tokens, and these token economies often proved to be short-lived. XAI Games is leading a true gaming revolution, completely overturning this status quo.
With innovative technologies like Xai Play and Proof-of-Skill, XAI perfectly integrates blockchain into the mainstream gaming world. Players do not need to learn any blockchain knowledge or leave their familiar platform environment; they can continue playing their favorite Steam games and earn tangible rewards based on their gaming achievements. From now on, blockchain technology takes a back seat, no longer being an obstacle, and the fun and competition of gaming return to the forefront. Essentially, the model created by XAI allows Web3 games to rediscover their initial focus on 'fun' while also providing additional value to players, truly achieving a win-win new ecosystem of fun and profit.
$XAI
Web3 Game Revolution: A New Era of Fun and Profit
For a long time, Web3 games have claimed to revolutionize the industry but have failed to deliver an experience comparable to traditional games. The once-popular 'play-to-earn' model often turned this upside down: players were forced to grind through tedious tasks in order to earn tokens, and these token economies often proved to be short-lived. XAI Games is leading a true gaming revolution, completely overturning this status quo.
With innovative technologies like Xai Play and Proof-of-Skill, XAI perfectly integrates blockchain into the mainstream gaming world. Players do not need to learn any blockchain knowledge or leave their familiar platform environment; they can continue playing their favorite Steam games and earn tangible rewards based on their gaming achievements. From now on, blockchain technology takes a back seat, no longer being an obstacle, and the fun and competition of gaming return to the forefront. Essentially, the model created by XAI allows Web3 games to rediscover their initial focus on 'fun' while also providing additional value to players, truly achieving a win-win new ecosystem of fun and profit.
$XAI
Xai
Sai x Keith
--
@CZ @Yi He @XAI_GAMES
Web3 Game Revolution: A New Era of Fun and Profit
For a long time, Web3 games have claimed to revolutionize the industry but have failed to deliver an experience comparable to traditional games. The once-popular 'play-to-earn' model often turned this upside down: players were forced to grind through tedious tasks in order to earn tokens, and these token economies often proved to be short-lived. XAI Games is leading a true gaming revolution, completely overturning this status quo.
With innovative technologies like Xai Play and Proof-of-Skill, XAI perfectly integrates blockchain into the mainstream gaming world. Players do not need to learn any blockchain knowledge or leave their familiar platform environment; they can continue playing their favorite Steam games and earn tangible rewards based on their gaming achievements. From now on, blockchain technology takes a back seat, no longer being an obstacle, and the fun and competition of gaming return to the forefront. Essentially, the model created by XAI allows Web3 games to rediscover their initial focus on 'fun' while also providing additional value to players, truly achieving a win-win new ecosystem of fun and profit.
$XAI
Web3 Game Revolution: A New Era of Fun and Profit
For a long time, Web3 games have claimed to revolutionize the industry but have failed to deliver an experience comparable to traditional games. The once-popular 'play-to-earn' model often turned this upside down: players were forced to grind through tedious tasks in order to earn tokens, and these token economies often proved to be short-lived. XAI Games is leading a true gaming revolution, completely overturning this status quo.
With innovative technologies like Xai Play and Proof-of-Skill, XAI perfectly integrates blockchain into the mainstream gaming world. Players do not need to learn any blockchain knowledge or leave their familiar platform environment; they can continue playing their favorite Steam games and earn tangible rewards based on their gaming achievements. From now on, blockchain technology takes a back seat, no longer being an obstacle, and the fun and competition of gaming return to the forefront. Essentially, the model created by XAI allows Web3 games to rediscover their initial focus on 'fun' while also providing additional value to players, truly achieving a win-win new ecosystem of fun and profit.
$XAI
1
Simey闪电
--
Dear friends, let me see who hasn’t entered our Simey Lightning‘s ace KOL exclusive chat room. Recently, Alpha airdrop and TGE activities, our chat room has taken friends to accurately grasp it. If anyone hasn’t eaten Binance‘s feed, then join 👆 our chat room and take you around. Alpha!
Simey闪电币安王牌KOL聊天室
There are also many other benefits. This chat room will issue red envelopes 🧧 + peripheral lottery 🎟️ from time to time. Friends are very active, and everyone is also very happy to play. Looking forward to your joining!!
Simey闪电币安王牌KOL聊天室
There are also many other benefits. This chat room will issue red envelopes 🧧 + peripheral lottery 🎟️ from time to time. Friends are very active, and everyone is also very happy to play. Looking forward to your joining!!
hello
Looz_crypto
--
#Airdrop Signal 📣🔥🔥
#Airdrop No . 15 💰😍
Secure your spot in Season 1
Sign up for our waitlist and be the first to earn points and unlock exclusive rewards.
The earlier you sign up, the more chances to strike gold.
link :
https://www.getoro.xyz/waitlist?referralCode=otulxew&refSource=copy
🌟 Airdrop Cost = $0
#AirdropSafetyGuide
#Airdrop No . 15 💰😍
Secure your spot in Season 1
Sign up for our waitlist and be the first to earn points and unlock exclusive rewards.
The earlier you sign up, the more chances to strike gold.
link :
https://www.getoro.xyz/waitlist?referralCode=otulxew&refSource=copy
🌟 Airdrop Cost = $0
#AirdropSafetyGuide
MANTA
CRYPTOUSDUA
--
MANTA/USDT — Large outflow of funds over 5 days: -1.18M USDT
Analysis:
The last 4 out of 5 days have seen a net outflow of capital, with a notable peak of -592K USDT and -391K USDT in the last 24 hours.
Only one day with a positive inflow (+49K), which does not compensate for the overall negative backdrop.
Conclusion:
A confident exit of large holders from the asset is observed. This dynamic indicates potential downward pressure and weak demand. Entry is not recommended without confirmation of a reversal or consolidation.
$MANTA
Analysis:
The last 4 out of 5 days have seen a net outflow of capital, with a notable peak of -592K USDT and -391K USDT in the last 24 hours.
Only one day with a positive inflow (+49K), which does not compensate for the overall negative backdrop.
Conclusion:
A confident exit of large holders from the asset is observed. This dynamic indicates potential downward pressure and weak demand. Entry is not recommended without confirmation of a reversal or consolidation.
$MANTA
Good Night❤️
Good Night Everyone 💤 Love you all ❤️
Keep loving keep supporting 🔥
🔗 claim free Rewards to help me complete my mission Thank you ❗🤑
Keep loving keep supporting 🔥
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🧧🎁🥰
$BTC $ETH $XRP
#SaylorBTCPurchase #EUPrivacyCoinBan #AppleCryptoUpdate #BinanceHODLerSTO
$BTC $ETH $XRP
#SaylorBTCPurchase #EUPrivacyCoinBan #AppleCryptoUpdate #BinanceHODLerSTO
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KyLuat Stoploss
Square-Creator-54dc97e56
--
NO stoploss AND THE BITTER END
1. No Discipline => You LOSE HEAVILY
2. Wrong Volume => WILL CAUSE YOU TO LOSE.
(No Discipline => Playing without stl => YOU LOSE).
+ Are there any brothers who trade Futu and lose due to wrong volume (large orders, chaotic orders), not setting stoploss leading to losses, losing money unnecessarily???
==> Even many brothers WITHOUT DISCIPLINE let it drift leading to losing MONEY or losing A LOT OF MONEY??
1. Most of the brothers when playing Futu think the coin will DROP -> then will INCREASE again.
+ Many times after setting stl -- it hits stl, the coin rebounds back to entry and profits -- Brothers get frustrated, being like this a few times will lead to the MENTALITY of brothers -- setting stoploss for what, then it will REBOUND anyway.
+ Many brothers think they have A LOT OF MONEY -> when it drops then DCA (average price) -> when it REBOUNDS up then there will be PROFITS.
==> Brothers, if it DOES NOT REBOUND, the average price volume increases, when the market dumps strongly (OM just now from 6.6$ to 0.3xx$ ) then A LOT OF MONEY will also B.U.R.N, at this time it will be a FINAL REBOUND, brothers.
2. Most of the brothers think they go in with a really big order, then TAKE PROFIT 1-2% and then get out, then run,... locking in for sure 😂
+ This way of thinking, this way of playing is TOTALLY WRONG, brothers.
==> Brothers think this way of playing can win 6-7-8-9 orders... BUT unlucky to hit the 10th order you just entered -- when the market dumps strongly then the initial orders that you TOOK PROFIT will NOT BE ENOUGH TO COVER the losses, even losing all the capital and profits.
🤝 Advice for the above 2 cases:
+ Playing Futu means you MUST HAVE DISCIPLINE in setting stl clearly.
=> Brothers can set stl at 3-4-5% even higher but still have to set stl.
+ Playing has days winning and days losing, on days unlucky to hit stl 2 times then relax, play again tomorrow, NO FRUSTRATION, NO WIN-LOSE with the market when the spirit is not comfortable.
+ Cultivate the habit of maintaining consistent volume.
1. No Discipline => You LOSE HEAVILY
2. Wrong Volume => WILL CAUSE YOU TO LOSE.
(No Discipline => Playing without stl => YOU LOSE).
+ Are there any brothers who trade Futu and lose due to wrong volume (large orders, chaotic orders), not setting stoploss leading to losses, losing money unnecessarily???
==> Even many brothers WITHOUT DISCIPLINE let it drift leading to losing MONEY or losing A LOT OF MONEY??
1. Most of the brothers when playing Futu think the coin will DROP -> then will INCREASE again.
+ Many times after setting stl -- it hits stl, the coin rebounds back to entry and profits -- Brothers get frustrated, being like this a few times will lead to the MENTALITY of brothers -- setting stoploss for what, then it will REBOUND anyway.
+ Many brothers think they have A LOT OF MONEY -> when it drops then DCA (average price) -> when it REBOUNDS up then there will be PROFITS.
==> Brothers, if it DOES NOT REBOUND, the average price volume increases, when the market dumps strongly (OM just now from 6.6$ to 0.3xx$ ) then A LOT OF MONEY will also B.U.R.N, at this time it will be a FINAL REBOUND, brothers.
2. Most of the brothers think they go in with a really big order, then TAKE PROFIT 1-2% and then get out, then run,... locking in for sure 😂
+ This way of thinking, this way of playing is TOTALLY WRONG, brothers.
==> Brothers think this way of playing can win 6-7-8-9 orders... BUT unlucky to hit the 10th order you just entered -- when the market dumps strongly then the initial orders that you TOOK PROFIT will NOT BE ENOUGH TO COVER the losses, even losing all the capital and profits.
🤝 Advice for the above 2 cases:
+ Playing Futu means you MUST HAVE DISCIPLINE in setting stl clearly.
=> Brothers can set stl at 3-4-5% even higher but still have to set stl.
+ Playing has days winning and days losing, on days unlucky to hit stl 2 times then relax, play again tomorrow, NO FRUSTRATION, NO WIN-LOSE with the market when the spirit is not comfortable.
+ Cultivate the habit of maintaining consistent volume.
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GM ÉVRY ONE
🤑. BPTCAU6V09👈🌹 👈 BOX CODE 👈 🔥🔥👁👁👍🏻👍🏻
BTC CLAIM FAST 🔥👉🎁👈TAP HERE 👈
BNB 🔥 TAP HERE 👈🥰
BANANA S31 👉🎁👈 TAP HERE 👈
BTC CLAIM FAST 🔥👉🎁👈TAP HERE 👈
BNB 🔥 TAP HERE 👈🥰
BANANA S31 👉🎁👈 TAP HERE 👈
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三件套完成
🐋Whale: Buy the dip + Go all in + Harvest = The three-piece set is complete!
Just now, a giant whale on a certain chain dumped 220 WBTC, cashing out a total of $21.06 million in one go!
• Cost price: $34,938
• Selling price: $95,710
• Net profit in six months: $13.37 million, return rate 174%, making money like it's a cheat.
Retail investors: I'm still studying whether Bitcoin is going to pull back...
Whale: I've already cashed out and am drinking coconut juice, brother.
Is this market behavior something a person would do? No, it's something a whale does.
#空投防骗手册
Just now, a giant whale on a certain chain dumped 220 WBTC, cashing out a total of $21.06 million in one go!
• Cost price: $34,938
• Selling price: $95,710
• Net profit in six months: $13.37 million, return rate 174%, making money like it's a cheat.
Retail investors: I'm still studying whether Bitcoin is going to pull back...
Whale: I've already cashed out and am drinking coconut juice, brother.
Is this market behavior something a person would do? No, it's something a whale does.
#空投防骗手册
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进讨论组
77372260777 A small logistics technology company has announced an investment of $20 million to purchase Trump Meme Coin ($TRUMP) as a cryptocurrency reserve. The news has attracted widespread attention.
The company's market value is less than $5 million, yet it plans to invest four times its market value in the politically charged Trump coin. The company claims this move is to "promote free trade between the U.S. and Mexico" and "strengthen geopolitical position."
Freight Technologies focuses on U.S.-Mexico cross-border logistics and has previously invested in the AI project token FET. Now, with its significant investment in $TRUMP, it is clearly expressing its corporate stance and strategic intent through crypto assets.
The initial $1 million funding has been received through financing mechanisms and will be specifically used to purchase Trump coins. The company's CEO stated that this is part of achieving "asset diversification."
The Trump coin itself is also controversial. It is strongly tied to the image of former President Trump, and there are even rewards like "holders can win private dinners" that have drawn criticism from political figures for allegedly "selling access to presidential power."
Although this news did not lead to a significant surge in the coin price of $TRUMP , the stock price of FRGT soared over 200%, rising from $0.95 to $3 before pulling back.
This incident shows that cryptocurrencies are gradually becoming a new means for companies to express political positions and attract market attention. Unlike past behaviors of companies buying Bitcoin as reserves, FRGT's actions resemble a form of "political marketing."
Will more companies follow suit in the future and use crypto assets as political tools? This trend is worth investors' continued attention.
The company's market value is less than $5 million, yet it plans to invest four times its market value in the politically charged Trump coin. The company claims this move is to "promote free trade between the U.S. and Mexico" and "strengthen geopolitical position."
Freight Technologies focuses on U.S.-Mexico cross-border logistics and has previously invested in the AI project token FET. Now, with its significant investment in $TRUMP, it is clearly expressing its corporate stance and strategic intent through crypto assets.
The initial $1 million funding has been received through financing mechanisms and will be specifically used to purchase Trump coins. The company's CEO stated that this is part of achieving "asset diversification."
The Trump coin itself is also controversial. It is strongly tied to the image of former President Trump, and there are even rewards like "holders can win private dinners" that have drawn criticism from political figures for allegedly "selling access to presidential power."
Although this news did not lead to a significant surge in the coin price of $TRUMP , the stock price of FRGT soared over 200%, rising from $0.95 to $3 before pulling back.
This incident shows that cryptocurrencies are gradually becoming a new means for companies to express political positions and attract market attention. Unlike past behaviors of companies buying Bitcoin as reserves, FRGT's actions resemble a form of "political marketing."
Will more companies follow suit in the future and use crypto assets as political tools? This trend is worth investors' continued attention.
#HANSENTOTHEMOON
What is my #
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💶
The European Union has decided that anonymity in crypto is just too much fun, so starting July 1, 2027, new rules are coming into play.
Monero, Zcash, Dash, and other coins that love playing hide-and-seek are now on the naughty list. Any transaction over €1,000 will require full KYC — meaning a passport, a selfie with your cat, and possibly your grandma’s favorite recipe. 😂
But don’t worry — for those still dreaming of privacy, there are still the classic methods: cash under the mattress or crypto swaps at the local market with a grandma selling pies 👵🏼. Just don’t forget the receipt! 😁
So get ready for a new era of transparency, where every bit will be under the microscope. For now — enjoy the last days of crypto-anonymity while it's still vintage!
#EUPrivacyCoinBan
Monero, Zcash, Dash, and other coins that love playing hide-and-seek are now on the naughty list. Any transaction over €1,000 will require full KYC — meaning a passport, a selfie with your cat, and possibly your grandma’s favorite recipe. 😂
But don’t worry — for those still dreaming of privacy, there are still the classic methods: cash under the mattress or crypto swaps at the local market with a grandma selling pies 👵🏼. Just don’t forget the receipt! 😁
So get ready for a new era of transparency, where every bit will be under the microscope. For now — enjoy the last days of crypto-anonymity while it's still vintage!
#EUPrivacyCoinBan
yes sir
It’s not just a giveaway—it’s a vibe!
I'm dropping 2000 Red Pockets full of surprises.
From tiny blessings to BIG WINS—anything can happen.
Ready to receive?
1. Follow me
2. Drop your luckiest line below
I'm dropping 2000 Red Pockets full of surprises.
From tiny blessings to BIG WINS—anything can happen.
Ready to receive?
1. Follow me
2. Drop your luckiest line below
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巴黎
The time difference is too exhausting, the live broadcast will be postponed.
Just one sentence, small levels obey large levels, the daily line needs an adjustment under one stroke, and you can short each time at a high on the 30-minute chart. I will mention when it's time to bottom fish at a large level～
Sending a red envelope to make amends for everyone 555
$BTC
Just one sentence, small levels obey large levels, the daily line needs an adjustment under one stroke, and you can short each time at a high on the 30-minute chart. I will mention when it's time to bottom fish at a large level～
Sending a red envelope to make amends for everyone 555
$BTC
Yes Huzaifa bro🫵
Assalamu Alaikum.
Good Afternoon everyone ❣️
Let's do it again. Follow my brother ➡️ Huzaifa. He is such a kind hearted & friendly person. He needs a little bit push from you 🫵. YOU guys can do follow him & wait from his giveaway 🔥
So why u wait! Do follow & Make him 1k asap 🥰
Follow ➡️ Huzaifa Bro ❣️
Good Afternoon everyone ❣️
Let's do it again. Follow my brother ➡️ Huzaifa. He is such a kind hearted & friendly person. He needs a little bit push from you 🫵. YOU guys can do follow him & wait from his giveaway 🔥
So why u wait! Do follow & Make him 1k asap 🥰
Follow ➡️ Huzaifa Bro ❣️
Stcryptobox
🚨Breaking News🚨
The European Union (EU) has implemented a general ban on anonymity coins and covert cryptocurrency accounts that will come into effect on July 1, 2027. The measure is included as part of the recently adopted Anti-Money Laundering Regulation (AMLR), which targets increased transparency as well as counteracting illegal money laundering activities across the crypto industry.
Key Provisions of the AMLR
• Ban on Privacy Coins: Cryptocurrencies that enable anonymous transactions, including Monero (XMR), Zcash (ZEC), and Dash, will be banned in the EU.
• Prohibition of Anonymous Accounts: Banks and crypto-asset service providers (CASPs) will be prohibited from holding or managing anonymous accounts or wallets.
• Forced Identity Verification: All transactions in crypto exceeding €1,000 will need to be fully verified by identity, bringing crypto transactions in line with the standards applied in traditional banking.
• Creation of AMLA: A new EU agency, the Anti-Money Laundering Authority (AMLA), will regulate large crypto companies in the bloc, specifically those with more than 20,000 clients or more than €50 million in annual transaction volumes.
Implications for Stakeholders
• Crypto Service Providers: Financial institutions and exchanges will have to introduce strong Know Your Customer (KYC) mechanisms and end services for privacy-oriented cryptocurrencies in order to adapt to the new regulations.
• Privacy Coins Users: Holders or users of privacy coins in the EU will be impacted, as such assets will no longer be maintained on regulated exchanges. Peer-to-peer transfers and self-custody of such coins might still remain, but subject to greater scrutiny.
• Market Dynamics: In spite of the looming ban, privacy coins such as Monero and Zcash have remained resilient, with recent price gains of 5% and 3%, respectively, reflecting sustained demand and possible migration to more friendly jurisdictions.
Global Context
The EU action is part of a wider global trend towards tighter regulation of privacy-oriented cryptocurrencies. South Korea and Australia have already delisted such coins from exchanges under regulatory pressure.
Although these steps are intended to stem illegal activities, they also create issues regarding individual privacy and the possibility of stifling innovation in the crypto sector. The long-term effect of such regulations on the adoption and growth of privacy-enhancing technologies is yet to be determined.
#EUPrivacyCoinBan
Key Provisions of the AMLR
• Ban on Privacy Coins: Cryptocurrencies that enable anonymous transactions, including Monero (XMR), Zcash (ZEC), and Dash, will be banned in the EU.
• Prohibition of Anonymous Accounts: Banks and crypto-asset service providers (CASPs) will be prohibited from holding or managing anonymous accounts or wallets.
• Forced Identity Verification: All transactions in crypto exceeding €1,000 will need to be fully verified by identity, bringing crypto transactions in line with the standards applied in traditional banking.
• Creation of AMLA: A new EU agency, the Anti-Money Laundering Authority (AMLA), will regulate large crypto companies in the bloc, specifically those with more than 20,000 clients or more than €50 million in annual transaction volumes.
Implications for Stakeholders
• Crypto Service Providers: Financial institutions and exchanges will have to introduce strong Know Your Customer (KYC) mechanisms and end services for privacy-oriented cryptocurrencies in order to adapt to the new regulations.
• Privacy Coins Users: Holders or users of privacy coins in the EU will be impacted, as such assets will no longer be maintained on regulated exchanges. Peer-to-peer transfers and self-custody of such coins might still remain, but subject to greater scrutiny.
• Market Dynamics: In spite of the looming ban, privacy coins such as Monero and Zcash have remained resilient, with recent price gains of 5% and 3%, respectively, reflecting sustained demand and possible migration to more friendly jurisdictions.
Global Context
The EU action is part of a wider global trend towards tighter regulation of privacy-oriented cryptocurrencies. South Korea and Australia have already delisted such coins from exchanges under regulatory pressure.
Although these steps are intended to stem illegal activities, they also create issues regarding individual privacy and the possibility of stifling innovation in the crypto sector. The long-term effect of such regulations on the adoption and growth of privacy-enhancing technologies is yet to be determined.
#EUPrivacyCoinBan
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