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EU to Track All Crypto Transactions Under New AML Push, Warns Eurogroup President

Published by
Qadir AK and Zafar Naik and Zameer Attar

Well folks, the era of anonymous crypto transactions in Europe is on its final countdown.

Speaking at the European Anti-Financial Crime Summit 2025 in Dublin, Eurogroup President and Ireland’s Finance Minister Paschal Donohoe laid out the EU’s plans to ramp up transparency across crypto transactions. Regulators are coming for the black box of crypto. 

So what exactly is changing and how deep does this go? Let’s break it down.

Crypto Transfers Under the Microscope

Donohoe revealed that the EU is working on a legislative “reclass of performance transfer mechanisms,” which would extend traditional finance-style oversight to crypto asset service providers (CASPs).

“Specifically, to record data on the senders and recipients of funds, [so it] now applies to crypto asset service providers,” Donohoe said during his keynote. The push, he emphasized, is about expanding regulatory scope to “deal with crypto transparency issues.”

You know they’re being serious because it’s the latest move in a years-long strategy to tighten the EU’s grip on crypto – and if you’ve been watching closely, you’ll know this has been building for a while. 

Regulators want to dive headfirst into the blockchain pool, armed with the full weight of the AML agenda.

The AML Package: No Room for Anonymity!

The EU’s AML Authority (AMLA) is being positioned as the central force to enforce the new rules. Donohoe called it a “landmark development,” stressing that “closer cooperation and coordination is absolutely critical.”

And the changes go beyond today’s announcements.

Under the AMLR framework – officially passed in 2023 – crypto firms will be barred from interacting with anonymous wallets and privacy-focused coins like Monero ($XMR) and Zcash ($ZEC). These restrictions will take full effect by July 1, 2027.

In fact, regulators plan to block IP addresses of non-compliant decentralized exchanges, marking one of the most aggressive regulatory crackdowns the crypto space has seen yet.

DeFi’s Dilemma

Critics are not staying quiet about this. Unity Wallet COO James Toledano warned that while these rules mimic traditional banking, they don’t fit well with crypto’s decentralized structure. 

 He added, “They can and will be easily circumvented as self-custodial crypto is truly global.”

Still, the EU isn’t backing down. Transparency is becoming law.

What Brussels is telling us is: if crypto wants to stay in the game, it has to start playing by traditional rules. Good move or bad? You decide. 

FAQs

What is the EU’s new crypto AML rule?

The EU will require crypto firms to record sender and recipient data to combat anonymous transactions by July 2027.

What is the AMLA in crypto regulation?

The AMLA is the EU’s new authority enforcing anti-money laundering laws, including crypto transparency rules.

How will the EU regulate DeFi platforms?

The EU plans to block IPs of non-compliant DeFi platforms, pushing them to follow AML rules or face access bans.

Qadir AK and Zafar Naik and Zameer Attar

Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

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