đ¨ Update: EUâs New Crypto Rules Are Now Live
The EUâs DAC8 regulations officially kicked in this week â 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:
âSo⌠KYC just evolved into its final form?â
Feels like crypto in Europe just entered a new chapter â 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?