Brussels targets "unhosted" wallets and perpetual futures in a massive regulatory sweep. Privacy tokens like Monero ( $XMR ) are plummeting as the EU moves to close the final gaps in its crypto surveillance net.
🌍 MARKET INSIGHT
The European Union has officially pivoted from "regulating exchanges" to "monitoring individuals." In the last 24 hours, new enforcement guidelines under MiCA 2.0 have emerged, specifically targeting the "Transfer of Funds Regulation" (TFR) for unhosted wallets.
While the US focuses on ETF growth, the EU is building a digital fence. The "Russia-linked" transaction ban proposed this week has served as a Trojan Horse for broader surveillance: any transaction over €1,000 to a non-custodial wallet now faces mandatory verification. Furthermore, ESMA (European Securities and Markets Authority) just issued a "zero-tolerance" warning on perpetual futures, demanding they follow strict CFD (Contract for Difference) rules, effectively killing high-leverage retail trading in the Eurozone.
⚠️ RISK WARNING
Privacy-centric assets (XMR, ZEC) face an existential "Liquidity Trap" as EU-regulated exchanges accelerate delistings to avoid MiCA non-compliance fines.
#CryptoRegulation #Monero #defi #XMR #ESMA