The European Union is set to prohibit privacy-preserving cryptocurrencies and anonymous crypto accounts by 2027 under new Anti-Money Laundering (AML) regulations. This article provides a detailed analysis of the upcoming changes and their implications for the crypto industry.
Tag: European Union
KuCoin Eyes South Korea Re-entry After Strengthening Compliance in Major Markets
KuCoin CEO BC Wong outlines plans to re-enter the South Korean market after achieving compliance in key regions like the US and EU, addressing regulatory challenges and competition.
Bunq Expands into Crypto: A Comprehensive Guide to the Neobank’s New Offering
Bunq, the second-largest neobank in Europe, has launched Bunq Crypto, allowing users in select European countries to invest in over 300 cryptocurrencies. This guide explores the reasons behind the expansion, the partnership with Kraken, and what it means for the future of finance.