Post
Topic
Board Bitcoin Discussion

Re: European Union to ban anonymous crypto and privacy tokens by 2027
by
MinoRaiola
on 05/05/2025, 20:16:33 UTC

This is not just about the ban on privacy coin like monero but mostly about banning anonymous accounts. They just want to know everyone having cryptocurrencies and the amount of coins or tokens that they have. They want to know when you send coins and when you receive coins. They just want to know all your moves pertaining cryptocurrencies.
Your are right. They want to know who owned Bitcoin and other coins. And why? Because they want to tax profits or keep an eye on the people with the assets. In Europe, a few exchanges have already reacted to this and transactions away from the exchange can only be made if you give the name of the owner or confirm that the address is your own. I have written here in the forum in a local board, that I believe that p2p will grow. The problem is the fraud, but there are trustworthy people, including here in the forum, with them you can trade and that is what I will do.