this post was submitted on 27 Jul 2025
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Linux Gaming

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[–] monogram 2 points 1 week ago

I have bad news for any privacy coins

https://coinedition.com/eus-new-legislation-to-ban-monero-zcash-and-non-kyc-wallets/

Starting July 1, 2027, the EU will ban transactions involving anonymous wallets and privacy-focused cryptocurrencies like Monero and Zcash under the new Anti-Money Laundering Regulation (AMLR), aiming to eliminate illegal activities facilitated by untraceable digital assets, and subject Central Banks to direct AML supervision.