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EU to ban privacy cryptocurrencies and anonymous accounts by 2027
By 2027, the European Union (EU) will prohibit crypto-asset service providers (CASPs) and financial institutions from handling privacy-focused cryptocurrencies (e.g., Monero, Zcash) or anonymous accounts to enforce full transaction transparency.
EU to ban privacy cryptocurrencies and anonymous accounts by 2027
By 2027, the European Union (EU) will prohibit crypto-asset service providers (CASPs) and financial institutions from handling privacy-focused cryptocurrencies (e.g., Monero, Zcash) or anonymous accounts to enforce full transaction transparency.