🚨 Update: EU’s New Crypto Rules Are Now Live
The EU’s DAC8 regulations officially kicked in this week — meaning anonymous crypto trading on regulated platforms is basically over.
Exchanges must now report user identities and transactions across all 27 EU countries.
As a beginner, my reaction is simple:
“So… KYC just evolved into its final form?”
Feels like crypto in Europe just entered a new chapter — more transparency, more oversight, and definitely fewer mystery wallets.
Do you think this will make the space safer, or just more complicated for everyday users?