EU’s Ban on Anonymous Crypto Payments: Misunderstanding or Intentional Regulation?
The new EU AML/CFT framework has been greatly misunderstood in the crypto sector; some report that it outlaws anonymous crypto transactions through self-custody wallets. Crypto lawyer Patrick Hansen explains that it exempts providers of self-hosted wallets like MetaMask and only restricts exchanges and brokers from serving anonymous accounts. The European Union is stepping up its […