Re: European Union to ban anonymous crypto and privacy tokens by 2027
Exactly. People will be forced to use crypto "the right way". In a good way, extreme regulatory oversight will result in more decentralization for the whole crypto industry. I think privacy coins like Monero and Zcash will only get stronger after they're "banned" from the EU. Too bad for them, because they'll be missing a huge opportunity for profit (through taxation of crypto assets). In this regard, the US "will eat its cake".
European Union are leading the continent to collapse with many policies against their citizens while they are too opened for immigrants even illegal and violent immigrants. Censorship and attempt to break privacy, free of speech and many other things, I see they are not going to be better but be worse.Quote
I sure hope the next generation of european politicians devise crypto-friendly policies for the benefit of all. Europeans should thread lightly when trading privacy coins in a decentralized manner to avoid getting caught. Otherwise, they could face fines or even imprisonment. Who knows? Maybe the EU will change its mind before 2027. I could only imagine... 
Cryptocurrency is only one part of their societies and they must change strategic approaches to be against or friendly with citizens. If they change to be more friendly and more readily to serve citizens who are true owners of the continent and nations there, cryptocurrency regulations will change to be more friendly for the people. Otherwise, things will get worse and worse.