Privacy is ‘constant battle’ between blockchain stakeholders and state

The Ongoing Privacy Battle Between Blockchain Stakeholders and Governments

The cryptocurrency sector in Europe is bracing for significant changes as the European Union prepares to implement strict Anti-Money Laundering (AML) rules that will target privacy coins and anonymous crypto accounts starting in 2027. Under the new Anti-Money Laundering Regulation (AMLR), banks, financial firms, and crypto asset service providers (CASPs) will be prohibited from offering anonymous accounts or supporting privacy-focused cryptocurr…

Privacy is 'Constant Battle' Between Blockchain Stakeholders and State | The New York Ledger

Blockchain market individuals and regulators continue fighting for personal privacy rights as the European Union’s sweeping Anti-Money Laundering (AML) guidelines look set to prohibit privacy-preserving tokens and confidential crypto accounts beginning in 2027. Credit organizations, banks and crypto possession provider (CASPs) will be restricted from preserving confidential accounts or dealing with privacy-preserving cryptocurrencies under the E…

Privacy is ‘constant battle’ between blockchain stakeholders and state

The right to privacy is a “constant battle” between blockchain stakeholders and state regulators.