In 2027, the EU will implement new anti-money laundering (AML) regulations, prohibiting anonymous crypto accounts and the use of private coins such as Monero and Zcash.
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— European Crypto Initiative (@EuCInitiative) April 23, 2025
The restrictions will affect exchanges, banks, and other service providers.
Providers will be prohibited from servicing anonymous accounts or dealing with assets that conceal user data, according to Article 79 of the new Anti-Money Laundering Regulation (AMLR), published by the European Crypto Initiative (EUCI).
No exceptions are provided for private tokens.
The rules are part of a sweeping reform that will also affect bank accounts, safety deposit boxes, and “crypto assets with anonymization functions.”
According to Vyara Savova, senior policy manager at EUCI, “the regulatory acts (AMLR, AMLD, and AMLAR) are final, and only the ‘fine print’ remains.”
Crypto platforms operating in six or more EU countries will come under the direct supervision of the Anti-Money Laundering Authority (AMLA). By 2027, the regulator will select 40 companies — at least one from each member state.
The selection criteria include:
- having at least 20,000 customers in one country;
- an annual turnover exceeding €50 million.
Additionally, mandatory user verification will be introduced for transactions of €1,000 or more.
Back in April, ESMA expressed concern over the integration of the crypto industry with TradFi structures.