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EU to Ban Anonymous Crypto and Privacy Tokens by 2027: Guest Post by Kanalcoincoinmarketcap.com/community/articles/6814b28e6f4f337a9f23ab2b/
137 sats \ 7 comments \ @Solomonsatoshi 3 May bitcoin
Presumably this would include non KYCed Bitcoin.
So much for the Liberal West and free market capitalism- its a fucking joke!
The EU bankers are afraid of a free market in money and so will ban it, because it would undermine their rentseeking state sponsored fiat monopoly power and wealth..
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29 sats \ 0 replies \ @SwapMarket 3 May
no cash and no crypto, only banks. fuckers!
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32 sats \ 0 replies \ @OT 3 May
This will be interesting to see play out and if Bitcoin will be included in that. I don't see how they can stop it. Maybe just fuel the black markets more.
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28 sats \ 0 replies \ @john_doe 4 May
This could explain why I see so much Euro trades on Robosats. It has been more than 2 years I think I have left CEXes. Now I have peace of mind and don't have to think about the next time I will have to renew my KYC info or to think about what to do when my account won't be working anymore. In the past I was a Swan Bitcoin customer, I think the platform had 3 times issues in the span of 1-2 years because of some new regulation or partner/internal issues.
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14 sats \ 3 replies \ @028559d218 3 May
I don't understand. how do they 'ban' a token? what is 'anonymous'?
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0 sats \ 2 replies \ @Solomonsatoshi OP 3 May
Anything that is not KYCed and thus tracked traced and taxed will be rejected by CEXes.
Probably 90% of Bitcoin is already KYCed?
Presumably private EU citizens could still make p2p payments as the state/EU has no obvious way of obstructing that.
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21 sats \ 1 reply \ @028559d218 3 May
Atleast there's non-EU. UK and Switzerland come to mind
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21 sats \ 0 replies \ @Solomonsatoshi OP 3 May
True. Switzerland appears to be an exception to the more general obstruction of Bitcoin. Not so sure about UK.
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