Well, people, the era of anonymous crypto transactions in Europe is on its last countdown.
Speaking at the European anti-financial crime top 2025 in Dublin, Eurogroup chairman and finance minister of Ireland Paschal Donohoe, explained EU’s plans to increase transparency about crypto-transactions. Regulators come for the black box with crypto.
So what changes exactly and how deep does this go? Let’s break it down.
Crypto transfers under the microscope
Donohoe revealed that the EU is working on a legislative “Probation of Performance Transfer Mechanisms”, which would expand the traditional financing style supervision to crypto-assist service providers (CASPs).
“In particular to record data about the senders and recipients of funds, [so it] Now applies to Providers of Crypto assets, “Donohoe said during his keynote. The push, he emphasized, is about expanding the legal scope to “tackle problems with crypto transparency content.”
You know that they are serious, because it is the newest step in years of strategy to tighten the grip of the EU on crypto and if you keep a close eye on, you know that this has been built for a while.
Regulators want to dive right in the blockchain -pool, armed with the full weight of the AML agenda.
The AML package: no room for anonymity!
The AML Authority of the EU (AMLA) is positioned as the central power to enforce the new rules. Donohoe called it a ‘milestone development’, and emphasized it “Denser cooperation and coordination is absolutely of crucial importance.”
And the changes go beyond today’s announcements.
Under the AMLR-Framework-officially adopted in 2023, crypto companies are excluded from interaction with anonymous portfolios and privacy-oriented coins such as Monero ($ XMR) and Zcash ($ zec). These limitations will be fully in force by July 1, 2027.
In fact, regulators are planning to block IP addresses of non-conformed decentralized exchanges, so that one of the most aggressive regulatory outlets that the crypto-space has seen so far marks.
Defi’s Dilemma
Critics do not remain silent here. Unity Wallet COO James Toledano warned that although these rules mimic traditional banking, they do not fit well with the decentralized structure of crypto.
He added, “They can and will be easily bypassed, because self -wide crypto is really worldwide.”
Yet the EU is not backwards. Transparency becomes law.
What Brussels tells us is: if a crypto wants to stay in the game, it must start playing according to traditional rules. Good move or bad? You decide.
Credit : coinpedia.org
