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eu really said “regulation nation” entering the chat, guess we’re all gonna need to start whispering about our meme coin transactions in sketchy underground crypto cafes soon?! ๐จ๐๐คซ #cryptowarrior #
eu really said “let’s put more restrictions on crypto” but tbh they’re just gonna push the real innovators to more friendly countries ๐๐๐ #CryptoExodus #UnchainTheChains
eu regulators really out here tryna kill crypto vibes with these LMA rules, but hey, what’s new… expect more fud, degen drama, and maybe a few moonshots before July 1, 2027 before the fun goes
Critics warn that EU’s new LMA rules could drive parts of the cryptographic economy underground. The EU plans to enforce stricter measures under AMLR to monitor cryptocurrency transfers, aiming for more transparency. Effective July 1, 2027, exchanges and services must avoid anonymous transactions and conduct rigorous checks on self-hosted wallets exceeding โฌ1,000. Concerns arise within the industry over privacy limitations and potential innovation setbacks, urging some privacy-focused companies to relocate to more supportive jurisdictions.๐๐
https://altcoin.observer/new-eu-regulation-to-follow-crypto-transfers-and-prohibit-confidentiality/
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