Surveillance Report Privacy Coins At Risk in Europe!
May 11, 2025
The EU is set to ban privacy coins and non-KYC wallets, posing a major threat to cryptocurrency users. Recent data breaches, notably affecting education giant Pearson, raise concerns about cybersecurity. The latest version of PeerTube is now available, showcasing exciting new features. Additionally, the podcast delves into WhatsApp's security vulnerabilities and discusses the broader implications of new privacy regulations in the crypto world, emphasizing the ongoing battle for individual freedoms in the digital age.
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EU's Harsh Privacy Coin Ban
- The EU plans to ban anonymous crypto accounts and privacy coins like Monero by 2027.
- This is a sweeping regulation that targets even non-custodial wallets, aiming at stronger anti-money laundering enforcement.
Non-Custodial Wallets Targeted
- The regulation targets non-custodial wallets, which is unusual and hard to regulate.
- This is essentially an attack on self-custody and individual privacy rights in Europe.
Use VPNs and Tor for Privacy
- Use VPNs and Tor to enhance privacy and avoid easy tracking of crypto transactions.
- Good operational security makes it too difficult for authorities to track wallets, especially for everyday users.