Dombrovskis went on to say that the Commission is preparing to monitor and potentially prohibit transactions from "high-risk countries" that enter the EU.
I'm really curious how they wanna try to realize this!
Do these guys know how decentralized crypto currencies work?
When I'm outside of Europe I buy my coins on another exchange like the chinese ones for instance and then move it.The internet has no borders.Geez!!
Furthermore all of the big known exchanges already comply with AML/KYC regulations.
Well let's wait and see with what kind of crazy stuff they will come up with.