Blockchain industry participants and regulators continue wrangling over privacy rights as the European Union’s sweeping Anti-Money Laundering (AML) rules look set to ban privacy-preserving tokens and anonymous crypto accounts starting in 2027.
Credit institutions, financial institutions and crypto asset service providers (CASPs) will be data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/eu-crypto-ban-anonymous-privacy-tokens-2027″ title=”null”>prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies under the EU’s new Anti-Money Laundering Regulation (AMLR) that will go into effect in 2027, Cointelegraph reported in…

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