EU Moves to Ban Privacy Coins by 2027 under New AML Rules#EUPrivacyCoinBan EU Moves to Ban Privacy Coins by 2027 under New AML Rules The European Union has officially adopted the Anti-Money Laundering Regulation (AMLR), targeting enhanced oversight of cryptocurrency transactions. As part of this new framework, the EU will ban anonymous crypto wallets and privacy coins such as Monero (XMR), Zcash (ZEC), and Dash (DASH). The regulation, set to take effect on July 1, 2027, aims to prevent illicit financial activity by enforcing transparency. Under the new rules, all crypto transactions over €1,000 will require identity verification. This marks a significant shift from the decentralized, privacy-centric ethos of many cryptocurrencies. The ban is likely to have major implications for crypto exchanges operating in the EU, which must comply with the regulation or risk legal consequences. Major platforms like Binance have already signaled intentions to adapt. Supporters argue this move will deter money laundering and terrorism financing. Critics, however, view it as a blow to financial privacy and decentralization. As privacy coins lose favor in regulated markets, the crypto industry may face pressure to increase compliance and transparency worldwide.
#EUPrivacyCoinBan EU to ban anonymous crypto accounts and privacy coins by 2027 Europe will ban anonymous crypto accounts and privacy coins starting in 2027 under sweeping new AML regulations targeting service providers and token anonymity. The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027. Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies, such as Monero XMR $239.90 and Zcash ZEC $36.74 . “Article 79 of the AMLR establishes strict prohibitions on anonymous accounts [...]. Credit institutions, financial institutions, and crypto-asset service providers are prohibited from maintaining anonymous accounts,” according to the AML Handbook, published by European Crypto Initiative (EUCI). The AML Handbook. Source: EUCI The regulation is part of a broader AML framework that includes bank and payment accounts, passbooks and safe-deposit boxes, “crypto-asset accounts allowing anonymisation of transactions,” and “accounts using anonymity-enhancing coins.” The regulations (the AMLR, AMLD and AMLAR) are final, and what remains is the ‘fine print’ — aka the interpretation of some of the requirements through the so-called implementing and delegated acts,” according to Vyara Savova, senior policy lead at the EUCI. She added that much of the implementation will come through so-called implementing and delegated acts, which are mostly handled by the European Banking Authority: “This means that the EUCI is still actively working on these level two acts by providing feedback to the public consultations, as some of the implementation details are yet to be finalized.” “However, the broader framework is final, so centralized crypto projects (CASPs under MiCA) need to keep it in mind when determining their internal processes and policies".
#AppleCryptoUpdate APPLE JUST SHOCKED THE WORLD — CRYPTO IS NOW APPROVED FOR IN-APP PURCHASES ON THE APP STORE! This is MASSIVE — the floodgates are open. Crypto adoption just went mainstream! Everything has changed.
#AirdropSafetyGuide The crypto community is watching closely as over 500 million SUI tokens — around 21.7% of total supply — are set to be unlocked this May. This significant event has already triggered large movements of SUI from big holders (“whales”) to exchanges, raising concerns about a possible sell-off in the coming weeks. What’s Behind the Unlock? The SUI team has confirmed that these token unlocks were fully planned and part of the original project roadmap. There are no surprise releases, and all token allocations remain transparent and on schedule. Still, such a large release of tokens into the circulating supply naturally brings market volatility. Price Action: Strong Recovery in Recent Weeks Despite earlier weakness, SUI has staged an impressive comeback. After dropping from a high of $5.30 in January to $1.70 in April, the token has more than doubled to $3.40 as of this week. Bitcoin’s broader rally played a role, but SUI’s expanding ecosystem and growing adoption have also fueled renewed investor interest. Caution for Investors: Stay Vigilant With excitement building around the upcoming unlock, scammers have started circulating fake airdrops and phishing links targeting SUI holders. Investors are urged to only engage with official SUI channels to avoid falling victim to fraud. Key Takeaways: Over 500 million SUI tokens unlocking in May (21.7% of total supply) No unexpected unlocks; fully aligned with SUI’s original roadmap SUI rebounded from $1.70 to $3.40, doubling in price in recent weeks Watch for whale activity and potential sell pressure as tokens unlock Be cautious of scams and fake airdrops circulating online As one of the top altcoins to watch in May 2025, SUI’s price action around this unlock will be critical. Investors should monitor exchange inflows and stay informed about market sentiment. Final Tip: Always do your own research (DYOR) and track key unlock dates to stay ahead of volatility. Posted on Binance Square Write to Earn by NoriFtm
#AirdropStepByStep Ready to claim FREE crypto? Follow this #AirdropStepByStep guide to nail your next airdrop! 🪂1️⃣ Research the Project: Check the official website, whitepaper, and X account for legitimacy. Avoid scams! 🔍 2️⃣ Set Up a Wallet: Use a trusted wallet like MetaMask or Trust Wallet. Secure your private keys! 🔐 3️⃣ Complete Tasks: Join their Telegram, follow on X, or retweet posts. Most airdrops require simple social tasks. 📱 4️⃣ Submit Details: Enter your wallet address on the official airdrop form. Double-check the link! ⚠️ 5️⃣ Stay Active: Engage with the project’s community for bonus points or higher rewards. 💬 6️⃣ Claim Tokens: Wait for the airdrop distribution date and check your wallet. HODL or trade wisely! 💰Pro Tip: Never share your private keys, and always verify links to avoid phishing scams. Stay safe! 🛡️ #AirdropStepByStep
#AirdropFinderGuide Next Big Airdrop = Your Early Move = Your Big Win Kab tak dusron ko early entry ka faida milta dekhenge? Is baar aap pehle honge! Top-tier airdrops ab sirf whispers nahi — humne unhein track kiya hai, verify kiya hai, aur aapke liye tayar kiya hai. Ye tokens sirf free nahi — yeh potential future rockets hain. Pre-launch valuations: $0.05 – $0.50 Speculated potential: 10x tak jaa sakta hai! Timer tick kar raha hai: 3 din se bhi kam Action lene waale hi reward lete hain. Jump in. Get informed. Earn ahead of the curve.
#DigitalAssetBill could impact cryptocurrency trading on Binance: • Regulatory Clarity: Provides clear rules, reducing uncertainty and attracting more investors. • Asset Classification: Defines types of digital assets, affecting which tokens Binance can list and trade. • Compliance Requirements: Imposes licensing, KYC/AML, and reporting obligations on Binance, increasing operational responsibilities. • Market Stability: Enhances investor protection and reduces risks like money laundering. • Innovation Boost: Encourages growth and development in the digital asset space. • Regulatory Oversight: Empowers authorities to monitor and regulate crypto activities. • Taxation: Establishes tax rules for crypto transactions. Overall, the bill aims to create a safer, more transparent trading environment on Binance while ensuring regulatory compliance.
#SaylorBTCPurchase Michael Saylor's Bitcoin purchases and holdings. Here's a summary based on the latest available information. On April 28, 2025, Strategy (formerly MicroStrategy), where Michael Saylor is the Executive Chairman, announced it had acquired an additional 15,355 Bitcoin for approximately $1.42 billion. The average purchase price was $92,737 per BTC.