EU to Track Crypto Transfers Under New AML Rules: Eurogroup President

The European Union wants to expand crypto surveillance while the digital euro is approaching.

EU’s New Legislation to Ban Monero, Zcash and Non-KYC Wallets

Crypto Asset Service Providers (CASPs) will be required to collect and retain detailed information on both the sender and receiver of cryptocurrency transaction Starting on July 1, 2027, the EU plans to prohibit transactions involving anonymous wallets and privacy-focused cryptocurrencies such as Monero (XMR) and Zcash (ZEC) The regulations will allow authorities to impose IP blocks on non-compliant decentralized exchanges At the European Anti-F…

Crypto assets are becoming increasingly important in the financial world, but many people still don't know how they work. The lack of regulation in the crypto market has also posed many risks for investors.

EU to Track All Crypto Transactions Under New AML Push, Warns Eurogroup President

The post EU to Track All Crypto Transactions Under New AML Push, Warns Eurogroup President appeared first on Coinpedia Fintech News Well folks, the era of anonymous crypto transactions in Europe is on its final countdown. Speaking at the European Anti-Financial Crime Summit 2025 in Dublin, Eurogroup...

EU to Track Crypto Transfers Under New AML Rules: Eurogroup President - WorldNL Magazine

The European Union is planning to track cryptocurrency transfers, according to remarks made by Eurogroup President Paschal Donohoe.Speaking yesterday at the European Anti-Financial Crime Summit 2025, Donohoe, also Ireland’s Minister for Finance, discussed how the EU is working to apply long-standing AML regulation to crypto.Specifically, the Eurogroup President explained that the EU seeks “to record data on the senders and recipients of funds [s…

EU to Track Crypto Transfers Under New AML Rules: Eurogroup President

The EU plans to “record data on the senders and recipients of funds” to and from crypto-asset service providers, Paschal Donohoe said.