EU May Ban Privacy-Enhancing Crypto Coins, Leaked Draft Reveals

CoinDesk published this video item, entitled “EU May Ban Privacy-Enhancing Crypto Coins, Leaked Draft Reveals” – below is their description.

The European Union could ban banks and crypto providers from dealing in privacy-enhancing coins such as zcash, monero and dash under a leaked draft of a money laundering bill obtained by CoinDesk. “The Hash” panel discusses the outlook for crypto regulation.

CoinDesk YouTube Channel

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About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

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In This Story: Monero

Monero is a decentralized cryptocurrency. It uses a public distributed ledger with privacy-enhancing technologies that obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading monero, transaction amounts, address balances, or transaction histories.

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