28
submitted 1 month ago* (last edited 1 month ago) by HardenedSteel@monero.town to c/monero@monero.town

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.”

you are viewing a single comment's thread
view the rest of the comments
[-] ReversalHatchery@beehaw.org 2 points 1 month ago

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 4 points 1 month ago

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

[-] ReversalHatchery@beehaw.org 2 points 1 month ago

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

[-] swelter_spark@reddthat.com 2 points 1 month ago

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

this post was submitted on 03 May 2025
28 points (96.7% liked)

Monero

1943 readers
8 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 2 years ago
MODERATORS