Crypto: The EU Imposes Transparency Starting In 2027

The European Union puts an end to anonymity in crypto transactions. From July 1, 2027, any transfer above €1,000 will be required to disclose the precise identity of the sender and recipient. According to Paschal Donohoe, president of the Eurogroup, these new anti-money laundering rules (AMLR) now clearly place blockchain and digital assets under the direct supervision of European authorities. For crypto enthusiasts, this measure represents both a necessary revolution and a painful betrayal.