Ivette Schwallie rXap

Under the new Anti-Money Laundering Regulation (AMLR), privacy-focused cryptocurrencies and anonymous crypto accounts will be effectively banned across the bloc.
According to the European Crypto Initiative (EUCI), the upcoming regulations will prevent banks, financial institutions, and crypto asset service providers (CASPs) from supporting accounts or services that enable anonymity. Article 79 of the AMLR, detailed in the EUCI’s AML Handbook, explicitly outlines these restrictions.
This legislation is part of a broader AML framework covering everything from traditional bank and payment accounts to crypto assets that facilitate anonymous transactions. It also targets products such as anonymous passbooks and safety deposit boxes, emphasizing the EU’s intent to eliminate financial opacity.
Savova, senior policy lead at the EUCI, explained that although the core regulations—AMLR, AMLD, and AMLAR—have been finalized, several implementation specifics are still under development. These will be clarified through delegated and implementing acts, largely overseen by the European Banking Authority (EBA), with the EUCI actively engaging in ongoing consultations.
Additionally, the new framework will place certain CASPs under direct supervision by the EU’s Anti-Money Laundering Authority (AMLA), provided they operate in at least six member states. Starting July 1, 2027, AMLA will begin selecting 40 such entities for oversight, ensuring at least one is chosen from each member country. Criteria for selection include having over 20,000 customers in a given member state or processing more than 50 million euros in transactions.
The regulations will also introduce mandatory customer due diligence for crypto transactions exceeding 1,000 euros, reinforcing transparency standards across the industry.
The EU’s push to regulate digital assets, following the adoption of the Markets in Crypto-Assets Regulation (MiCA). The overarching goal is to enhance financial integrity and combat the use of cryptocurrencies in illicit activities.
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أحد الأشياء الجميلة حول الإنترنت هو أنه يمكنك مقابلة أي شخص. أشخاص من مجالات حياة مختلفة مع تجارب حياة مختلفة يجتمعون لمناقشة الأفكار والأحداث على منصات مثل تويتر/إكس. نظرًا لحجم جمهوري على تلك المنصة، يمكنك تخيل الكثرة من الأشخاص الذين يتواصلون بأفكار أو اقتراحات متنوعة.

أكثر من 90% من الأفكار ليست مثيرة للاهتمام. قد يكون ذلك لعدة أسباب، لكنني أتجاوز المئات، إن لم يكن الآلاف، من الأفكار المرسلة إلي كل عام.

There is a global race under way to see who can acquire the most amount of bitcoin.
We have seen Microstrategy buy more than $33 billion worth (506,000+ bitcoin) since August 2020. Companies like Metaplanet, Semler Scientific, Tesla, and Block have all followed suit in recent years.
We have various large financial institutions pounding the pavement to help their clients get exposure to bitcoin via the newly approved ETFs — Blackrock, Fidelity, Grayscale, Ark Invest, Bitwise, and many others.
There is no denying that Wall Street has arrived.
And the nation states aren’t going to be left behind, so El Salvador, Bhutan, Abu Dhabi, and Russia all started buying and mining bitcoin.
This was quickly followed by the leader of the free world, the United States government, who decided it was time to establish the Strategic Bitcoin Reserve a few weeks ago.
That is a lot of large capital pools competing to purchase as much bitcoin as possible.
As if that wasn’t enough, we found out there will be a new entrant to the race yesterday — Gamestop.
The former meme stock announced unanimous board approval of an update to its investment policy allowing bitcoin to become a treasury reserve asset.
This isn’t just another random company announcing the desire to buy bitcoin though.
Gamestop has a legion of retail investors that want to see them put their nearly $5 billion of balance sheet cash into the digital currency.
I spoke with two different Gamestop shareholders after the announcement yesterday and both could only be described as giddy.
It is not clear how much of that $5 billion will be put into bitcoin, but my guess is it won’t be 1-2%.
Instead, Chairman Ryan Cohen is likely to take a big bet on bitcoin as a balance sheet asset.
Why do I think that?
First, you don’t go through the bureaucratic board approval process for a small 1-2% allocation.
You only put the time and energy to get the change to your investment policy if you are looking to put a material amount of your cash into bitcoin.
Second, Ryan Cohen only follows three accounts on X.
They are Gamestop’s corporate account, along with the @Bitcoin handle and Bitcoin Magazine.
That is behavior of a hardcore bitcoiner that is looking to buy more bitcoin.
Because here is the thing — we are going to see many more corporate executives fall victim to the same feeling that retail investors have felt for nearly 15 years.
You hear about bitcoin.
You buy a little. You start learning more about the asset.
Eventually you realize you don’t have enough bitcoin.
And now you are scrambling around looking for more money so you can buy as much bitcoin as possible.
Corporate executives will start with their personal money, but eventually they will be tempted to use balance sheet cash.
If it is good enough for the US government’s reserve, then it should be good enough for a corporation’s balance sheet, right?
I think so. And the companies that have pursued this strategy in public markets have been rewarded financially.
So we should expect more companies and governments to buy as much bitcoin as they can.
Young bitcoiners are rising into positions of power and influence.
That should continue for the next few decades. And they all believe they are underexposed to the best performing asset of the last 15 years.
They’ll do whatever they can to get more bitcoin, inc
luding the use of balance sheet cash to make monster bets on their best idea.

Hope you all have a great day.