The regulation is part of a broader AML framework that includes bank and payment accounts, passbooks and safe-deposit boxes, “crypto-asset accounts allowing anonymisation of transactions,” and “accounts using anonymity-enhancing coins.”

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[–] shekau 2 points 3 days ago (1 children)

I think EU already banned selling xmr on centralized KYC exchanges quite some time ago, so acquiring it directly is "harder" so there's nothing additional they can do in this context. What they can do though is punish EU businesses who accept xmr payments.

[–] ReversalHatchery@beehaw.org 3 points 2 days ago (1 children)

I think they can. on reto one way to pay is to send some kind of a bank transaction. if they were actively looking into it, they would know the account numbers of the monero sellers, and by that they could punish those who send money to them

[–] swelter_spark@reddthat.com 1 points 1 day ago (1 children)

How would they know if you're sending them money for monero or something else, though?

[–] ReversalHatchery@beehaw.org 1 points 1 day ago (1 children)

they wouldn't, but who cares why do you send money

[–] swelter_spark@reddthat.com 1 points 18 hours ago

That's what would determine whether you're breaking the law in this scenario.