Techub News reported that the European Union’s new anti-money laundering law will officially take effect in July 2027. Under the rules, cryptocurrency payment transfers will be capped at €10,000, and privacy coins such as Zcash will be banned. The law also requires mandatory KYC identity verification and prohibits anonymous crypto accounts as part of an effort to curb illicit capital flows.
The timing places the AML law one year after the implementation of the MiCA framework. According to the report, MiCA is scheduled to take effect in July 2026, while the new AML regime will follow in July 2027. Together, the two regulatory milestones outline a stricter compliance path for crypto-related activity in the European Union.
The report also noted that Tether has already indicated it is not interested in the heavily regulated EU market. As a result, its competitor Circle and the EURC stablecoin have gained market attention. AMBCrypto added that analysts have speculated that the timing of the AML rules coincides with the European Central Bank’s digital euro testing phase.