The thread title is slightly misleading.
The EU wants to ban anonymous "accounts" on service providers like exchanges.
Its just another AML measure.
They do however want to ban privacy tokens!
Its the headline of the article
EU to ban anonymous crypto accounts and privacy coins by 2027
We will still be able to use P2P exchanges like HodlHodl I hope.
Personally speaking this move is a good one as it's used in cutting the rate of financial crime in the net but I don't see this as the solution to scams as there will be still be scams but but my interest is in the fact that most tokens who are there without any prospects and just flooding the crypto space will be wiped away by this law this will make people to concentrate on Bitcoin and other stable altcoins who have a good performance level looking at this law it's a good one in sanitizing the crypto community
I agree, ok its dressed up as a move to attack money laundering and cut down on
financial avenues for crime but I'm not sure it will, criminals at least the top level
ones have other avenues to launder their finances, most of the time these are
extremely legitimate looking from the outside.
