EU to Restrict Monero and Other Privacy Coins by 2027

By: bitcoinsensus|2025/05/02 15:15:02

The EU is enforcing new anti-money laundering rules by 2027 , restricting privacy coins like Monero, Zcash, and Dash and anonymous crypto accounts . Self-hosted wallets will face tighter monitoring , requiring identification of senders and recipients , and enhanced risk assessments . Banks and crypto firms will be barred from working with shell institutions , while the Anti-Money Laundering Authority (AMLA) sets final compliance guidelines. Europe is cracking down on anonymous cryptocurrency transactions with its new anti-money laundering regulations. By 2027, banks, financial institutions, and crypto service providers will no longer be allowed to support transactions involving privacy coins such as Monero (XMR), Zcash (ZEC), and Dash (DASH). The new ruleset will require financial institutions to implement stricter due diligence processes, according to the European Crypto Initiative . These firms will now be required to regularly update verification data, assess transaction risks, and effectively terminate any potential relationships that pose a threat to financial security. Another major shift involves self-hosted wallets, which will face tighter monitoring under the new regulations. Crypto providers must identify and verify senders and recipients, collect additional details about fund movements, and maintain constant oversight to prevent illicit activities. The EU also plans to block financial institutions from dealing with shell companies, ensuring that unregistered entities won’t have access to regulated crypto services. Additionally, firms must vet third-country financial institutions before entering business partnerships, with the Anti-Money Laundering Authority (AMLA) set to issue final guidelines by July 2027. Regulators argue that these policies will boost financial transparency, but critics warn they could push privacy-focused transactions into unregulated markets. The restrictions on privacy coins have also raised concerns over financial privacy rights and the future of anonymous crypto transactions in Europe. With these changes aligning the EU with global trends in crypto regulation, digital asset firms will need to prepare for stricter compliance measures before the 2027 deadline. Looking for a great trading opportunity? The first 100 users on WEEX can get a 100 USDT bonus , and by trading just 5M USDT, you can unlock up to 30,000 USDT in futures bonuses . Don’t miss out on this limited-time offer. Sign up now and start trading to claim your rewards.

-- Price

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

In such a crowded cross-border payment arena, where is the next stop for the future?

Only by stepping into the mud can one have the chance to touch gold.

Why Is Bitcoin Down in 2026? What We Can Learn From 2022

Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.