Code & Chain · Signal Desk

Europe Bans Custody of Privacy Coins from July 2027, But Personal Holding Remains Legal

Original sourceoptimisus.com

Summary

Article 79 of the EU Anti-Money Laundering Regulation mandates that from July 2027, licensed crypto asset service providers (such as exchanges and custodians) may not custody anonymity-enhancing coins (e.g., Monero) for clients. This restriction only affects custody by regulated entities; individua…

Key points

  • Understanding European restrictions on privacy coins is practically relevant for users and platforms holding or trading them.
  • Europe bans privacy coin custody in 2027, but personal holding is legal; regulation only applies to licensed service providers.
  • Licensed platforms will delist privacy coins, users may shift to self-custody or decentralized channels, but market liquidity may decline.

Editorial note

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