The European Union (EU) is preparing to introduce one of the most affecting regulations in crypto history: by 2027, both Anonymous Crypto account and the so -called Privacy coinsLike Monero and Zcashis prohibited.
The decision is part of a wider package of anti-money laundering steps (AML), aimed at strengthening finance Transparency and resistance to forbidden use of digital assets.
According to what is reported In Manu -manong AML Published by the European Crypto Initiative (EUCI), preventing new anti-money Laundering Regulation (AMLR) Credit institutions, Financial institutionsand crypto-asset service providers (Casp) from maintenance Anonymous account or managing cryptocurrencies that offer anonymous mechanisms.
What does EU amlr provide: farewell to crypto anonymity by 2027
Article 79 of the AMLR Clear and unfairly established that it is forbidden to maintain unknown accounts.
It doesn't only remember the cryptocurrencies, but it also extends to Conti Bancari, Conti di pagamento, Libretti di risparmioand Caseforti.
In particular, the targets of regulation Crypto-Asset accounts that allow anonymous transactions And those users Coins with anonymous features.
Cryptocurrencies such as Monero and Zcash, known for their advanced transaction obfuscation tools, are prohibited.
These tokens, designed to ensure Maximum confidential.
Although the Outline of regulation has already been specifiedSome technical details still need to be clarified by the so -called Implementation and delegate acts. They are more governed by the European Banking Authority (EBA).
According to Vyara Savova.
Savova emphasizes that PROGETTI CRYPTO CENTRALIZZATIor MICA-controlled casp Get ready inside To comply with new policies, review business processes and policies.
Another key element of the new regulatory framework is related to Direct administration of Casp operating at least six EU member states.
Starting with July 1, 2027Anti-Money Laundering Authority (AMLA) will choose 40 Creatures To be subject to control, ensuring at least one for each member state.
The choice is based on Relationship thresholdssuch as:
- – a minimum 20,000 resident clients In the state of the host member.
- – a total volume of transaction that exceeds 50 million euros.
These standards aim to ensure that only companies have a significant existence of operation In many constituents are subject to direct administration.
Obligation of appropriate hard work
Among the new steps, the obligation of the appropriate diligence for all Transactions that exceed 1,000 Euro Standing too. This implies a strict evaluation of clients' identity and source of funds, with the aim of preventing weakness or illegal activity.
These new provisions represent an additional piece in the EU's ambitious project to comprehensively regulate the cryptocurrency sector.
After the introduction of Regulation of MICAwhich has laid out foundations for a joint administration of crypto markets, AMLR is now focused on an important aspect: Transaction transaction and The resistance to unknown.
The adoption of these steps marks a Radical Change For the European crypto ecosystem. On the one hand, it boosts the confidence of institutional investors and reduces the risk of abuses, while on the other hand, it raises questions about user privacy and Financial freedom.
Implications for the future of the sector
Entering the AMLR force by 2027 will force many operators to the sector that Re -think of their business models.
Privacy coin, which up to date represents an important niche for those seeking privacy in digital transactions, the risk of becoming not included in the European market.
At the same time, casps will have to invest in more sophistication systems of compliance To meet new regulation requirements.
The message from the European Union is clear: In the future of European cryptocurrencies, there is no room for anonymous. Transparency and responsibility Be the pillars in which to build a safer and more reliable market.
In entry into the strength of these regulations, Europe is positioning itself to be one of strict constituents all over the world In terms of crypto regulation, putting a path that other countries can also follow in the coming years.
