Starting July 1, 2027, the EU will ban transactions involving anonymous wallets and privacy-focused cryptocurrencies like Monero and Zcash under the new Anti-Money Laundering Regulation (AMLR), aiming to eliminate illegal activities facilitated by untraceable digital assets, and subject Central Banks to direct AML supervision.
They could target payment processors that handles crypto, but they can’t prevent anyone from receiving payments in crypto. You don’t actually need a payment processor to receive crypto. All you need is a wallet to send or receive.
If adult content moves to crypto, won’t that result in Collective Shout and friends targeting the big crypto marketplaces?
At least in the us, crypto bros have a stranglehold on a number of politicians on right and left. Its unlikely to be banned or hindered unilaterally.
… I don’t have any trust that the US government will do anything pro-lgbt, pro-freedom-of-expression or pro-women.
Oh I don’t either, I just don’t think they will touch crypto. I don’t think it’s a good thing that they won’t touch crypto though.
I have bad news for any privacy coins
https://coinedition.com/eus-new-legislation-to-ban-monero-zcash-and-non-kyc-wallets/
They could target payment processors that handles crypto, but they can’t prevent anyone from receiving payments in crypto. You don’t actually need a payment processor to receive crypto. All you need is a wallet to send or receive.