"The Council of the EU is looking to place a ban on coins which enhance anonymity. These would include privacy coins like Monero and Zcash."
"The European Commission will need to present a report assessing whether to ban anonymous accounts offered by crypto service providers offering “high risk” privacy wallets, as well as crypto mixers like Tornado Cash.
The commission and council suggested the report should come three years after the laws come into force, potentially by 2027, but the parliament hopes to push that to two years."
"Still, the parliament is pushing to limit the amount merchants are allowed to accept from self-hosted wallets without involving a licensed crypto firm at €1,000. A breach would result in penalties."
LOL
https://www.dlnews.com/articles/regulation/why-the-eu-is-about-to-outlaw-and-curb-key-crypto-features/
Deleted
npub1q3…5gxtn
2024-01-17 18:24:55
Author Public Key
npub1q3y7u8crtels6ew4muephe20ae07zw80emtmvlm8zf4mg9rl63wqd5gxtnPublished at
2024-01-17 18:24:55Event JSON
{
"id": "ed08dc596147b260ce43c8a96e37f7bdf97f7682cd17e633486ad9f626f1c317",
"pubkey": "0449ee1f035e7f0d65d5df321be54fee5fe138efced7b67f67126bb4147fd45c",
"created_at": 1705515895,
"kind": 1,
"tags": [],
"content": "\"The Council of the EU is looking to place a ban on coins which enhance anonymity. These would include privacy coins like Monero and Zcash.\"\n\n\"The European Commission will need to present a report assessing whether to ban anonymous accounts offered by crypto service providers offering “high risk” privacy wallets, as well as crypto mixers like Tornado Cash.\n\nThe commission and council suggested the report should come three years after the laws come into force, potentially by 2027, but the parliament hopes to push that to two years.\"\n\n\"Still, the parliament is pushing to limit the amount merchants are allowed to accept from self-hosted wallets without involving a licensed crypto firm at €1,000. A breach would result in penalties.\"\n\n\nLOL\n\n\nhttps://www.dlnews.com/articles/regulation/why-the-eu-is-about-to-outlaw-and-curb-key-crypto-features/",
"sig": "398fd8c11a5dc9f5e7d9d6932a9a3d12935ee2fc3e53b887abacb9dadb2e636b648774d6b4f65d941128c877af8916502865da43282df8c0d5d7b144f8a5cd8f"
}