EU’s crypto crackdown: 40 firms to face scrutiny by 2027 – Details
By: bitcoin ethereum news|2025/05/04 15:15:01
0
Share
The EU plans to ban anonymous cryptocurrencies and unidentified crypto accounts under the 2027 AMLR enforcement. CASPs, not miners or validators, must report crypto market abuse under MiCA regulations. Europe is tightening its grip on crypto anonymity with the European Union’s newly approved Anti-Money Laundering Regulation (AMLR), which takes effect in 2027. This sweeping regulation would launch a full-scale crackdown on privacy-focused digital assets. That being said, the law bans anonymity-enhancing cryptocurrencies like Monero [XMR] and Zcash [ZEC], as well as unidentified crypto accounts. It prohibits financial institutions, including banks and crypto asset service providers (CASPs), from processing anonymous crypto transactions. This move signals a major shift toward transparency and stricter regulatory oversight in the EU’s digital asset market. Why is the EU tightening its grip on crypto? Moving forward, Article 79 of the AMLR sets out the EU’s strict stance on eliminating anonymity in crypto. The European Crypto Initiative (EUCI), through its AML Handbook, emphasized that these regulations extend beyond crypto platforms. They also apply to traditional bank accounts and digital payment systems. Vyara Savova, senior policy lead at EUCI, confirmed that the core legislative framework is complete. However, the European Banking Authority will determine implementation details through delegated acts. The newly established AMLA will oversee enforcement. Starting on the 1st July 2027, it will directly supervise up to 40 CASPs operating in at least six EU countries. To qualify for supervision, CASPs must either manage over 20,000 accounts or process more than €50 million in annual transactions. This move strengthens the EU’s push for transparency within the broader MiCA regulatory framework. Other steps taken by the EU to control the crypto ecosystem This coincided with the European Securities and Markets Authority (ESMA) recently excluding Bitcoin miners and proof-of-stake validators from strict market abuse reporting rules. Last December, ESMA clarified that miners, validators, builders, and searchers do not fall under the category of Persons Professionally Arranging or Executing Transactions (PPAETs) under MiCA. Instead, the responsibility to detect and report market abuse lies with CASPs, such as crypto exchanges. Patrick Hansen, Circle’s EU strategy director, praised the decision, calling it a “flexible” approach that balances regulatory compliance with crypto innovation. As expected, Hansen summed it best when he said, “ESMA also decided not to rigidly define PPAETs in the regulatory technical standards (RTS), keeping room for flexibility as the market evolves.” Therefore, it remains to be seen whether the EU’s approach will stifle the crypto industry or serve as a catalyst for its overall growth. Source: https://ambcrypto.com/eus-crypto-crackdown-40-firms-to-face-scrutiny-by-2027-details/
You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.