EU wants to ban anonymous crypto wallets

Service providers who offer the creation of online wallets currently do not require licenses, and a wallet can be created without specifying any personal data. In the future, data such as name and address should be compulsory and anonymous wallets are to be completely banned. 

In the case of transactions, the name of the recipient should also be specified. The aim is to reduce criminal activity stemming from cryptocurrency use, however, there are still no concrete plans for feasibility. 


the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright