The European Union clamps an anonymity screw in the crypto sector. Since 2027, intimate tokens and anonymous accounts will be forbidden, which will mean a historical break for the ecosystem. Objective: Strengthen the fight against money washing and storing complete transparency to players on the market.
In short
- The European Union prohibits Kryptos, anonymous accounts and privacy tokens since 2027.
- CAPS will no longer be able to manage anonymous accounts or crypto confidential portfolios.
- Providers active in several countries will be subject to direct supervision of AMLA.
- Any crypto transaction greater than € 1,000 will have to be subject to identity verification.
The war against the anonymity of the crypto intensifies
The European Union has taken a new step in its fight against money laundering: since 2027, anonymous Kryptos, including privacy tokens such as Monero or Zcash, will be expelled from the European market. This measure is part of the new regulation of money breeding (AMLR), recently completed by European bodies.
Article 79 The Regulation shall determine the formal prohibition of financial institutions, banks and providers of Krypto Services (CASP) to maintain or manage anonymous accounts. Also targeted: crypto accounts allowing anonymization of transactions and portfolios using confidentiality.
A radical change for KASP in Europe
At AMLR, active KASP in at least six Member States will be subject to direct supervision of the new anti-Flange Authority (AMLA) since July 2027. AMLA plans to select 40 subjects based on strict thresholds:
- at least 20,000 customers’ crypto in a Member State or
- Crypto transactions of more than EUR 50 million.
CAPS must also apply identity verification procedures to all transactions exceeding EUR 1,000. These new rules thus complement the scope of the mica they are valid to supervise the activities of the crypto providers. They translate the Brussels desire to slow down the illegal use of cryptocurrencies while strengthening the supervision of this sector.
What consequences for the ecosystem?
This regulatory is forced by centralized Krypto actors to review their internal procedures, while decentralized projects could find themselves on European soil. Privacy debate versus financial transparency is re -launched. Which side do you sit on?
With the ban on anonymous EU crypts, the EU sends a strong signal: The era of anonymity ends when Europe goes from Wolf to a cash without cash. If transparency excels as a standard, this regulation can also slow down decentralized innovation. A new era will begin between reinforced supervision and questions about basic digital freedoms.
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The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.
