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EU May Ban Privacy Coins - Monero ZCash etc (Patreon)

Published:

2022-11-19 02:59:01

Imported:

2023-01

Content

Hey Team

Saying this since I started, I never liked privacy coins because they are frowned on by govts and as such will never attract institutional money. Looks like the European Union could ban intermediaries from trading privacy coin such as Monero ZCash and Dash.

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Privacy-Enhancing Crypto Coins Could Be Banned Under Leaked EU Plans

Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn't own any crypto. The European Union could ban banks and crypto providers from dealing in privacy-enhancing coins such as zcash, monero and dash under a leaked draft of a money laundering bill obtained by CoinDesk.