Blockchain-industrial participants and supervisors continue to fight for privacy rights, because the radical anti-money laundering practices (AML) seem to be rules of the European Union to ban the privacy-retaining tokens and anonymous crypto accounts from 2027.
Credit institutions, financial institutions and crypto-acdants (CASPs) will be forbidden to maintain anonymous accounts or to act the privacy retention of cryptocurrencies in the context of the EU’s new anti-money laundering regulation (AMLR) that will be in force in 2027, reported in May.
Maintaining the right to gain access to privacy-conserving coins such as Monero (XMR) has been a “constant struggle” between stakeholders and supervisors of the blockchain industry, according to Anja Blaj, an independent legal consultant and policy expert at the European Crypto Initiative.
“Once you consider how the States want to play their policy, they want to establish control. They want to understand who the parties are transacting among themselves,” said Blaj, speaking during Cointelegraph’s Daily Live X Spaces Show on September 3.
‘[The state] wants to understand that to prevent crime and lighting from happening, and we want to enforce the policy that we as a society create. “
#Chainreaction https://t.co/v25o6wnt2b
– Zoltan Vardai (@Zvardai) 3 September 2025
Her comments came when the EU came its legal supervision of the crypto industry, building on the block markets in Crypto-assets Regulation (MICA).
Related: Swiss banks complete first blockchain-based legally binding payment
Space for negotiation remains
Although the AML framework is final, regulatory experts still see potential for negotiations until it rolls out in 2027.
Policy formation is a ‘continuous conversation’, which means that ‘there is nothing in stone, even if the regulation is already out,’ said Blaj. “There are still ways to talk to the regulators, to see how it will work out, how it will be enforced.”
Although there is always room for negotiations with policymakers, the regulation with regard to privacy -retaining cryptocurrencies and accounts becomes “stricter because it does not serve the interests and planning of the states,” she added.
Related: Bitcoin Whale Awakens after 12 years, transfers 1,000 BTC before US Fed Meeting
The push against Crypto Privacy comes as a separate EU proposal, known as ‘chat control’, Herwint Momentum.
Source: Flight Chat Control / Cointelegraph
The plan would require platforms such as WhatsApp and Telegram to scan any message, photo and video sent by users, even protected with end-to-end coding.
Fifteen Member States support the bill, but their support does not yet represent 65% of the EU population – the threshold required for adoption. Germany has been hesitant, but a policy shift can be decisive.
Magazine: Can privacy survive in the American crypto policy after the conviction of Roman Storm?