Cryptonews reports that the EU has voted to make it illegal to make or receive payment in cryptocurrencies using unidentified self custody crypto wallets.
"In a recent regulatory development, cryptocurrency payments of any size using unidentified self-custody crypto wallets are now illegal in the European Union (EU). This decision is part of a set of new anti-money laundering laws (AML) in the continent.
"The majority of the EU Parliament’s lead commission approved the prohibition on March 19, according to Patrick Breyer’s post.
"Notably, Dr. Breyer is a member of the European Parliament for the Deutsch Piraten Partei and one of the two leaders who opposed this approval. Gunnar Beck was the other Parliament member who voted against it, representing the Alternative for Germany (AfD) party."
It begins. The only way this can be enforced is by censoring transactions to and from such wallets. Can crypto withstand actual efforts to ban it?