May 2025 - Page 2 of 2 - CryptoCurrencyWire

ThursdayMay 08, 2025 9:00 am

EU to Outlaw Anonymous Crypto Accounts by 2027

The European Union (EU) is preparing to enforce strict new rules targeting money laundering, with major implications for cryptocurrencies. Starting in 2027, privacy-focused digital currencies and anonymous crypto accounts will no longer be allowed under the bloc’s updated anti-money laundering regulations. This is the latest step in the EU’s ongoing effort to bring the crypto sector in line with traditional financial regulations and eliminate loopholes that could be exploited for illegal activity. The upcoming Anti-Money Laundering Regulation (AMLR) will apply to banks, financial institutions, and crypto service providers. These entities will be required to stop offering anonymous accounts or supporting…

TuesdayMay 06, 2025 9:00 am

UK Prepares to Ban Use of Borrowed Funds to Buy Crypto

UK regulators are taking steps to block investors from using borrowed money, like credit card debt, to buy crypto. The move is part of a broader effort to update how digital assets are monitored and to protect consumers as the market grows rapidly. Digital currencies like Bitcoin have seen huge price swings in recent months, especially following U.S. President Donald Trump’s win. These surges have raised concerns about how people are getting involved in crypto investing, prompting the Financial Conduct Authority (FCA) to consider tighter oversight while also trying to support innovation in the sector. Recent data from YouGov shows…

FridayMay 02, 2025 9:00 am

MasterCard, MetaMask Unveil Revolutionary Card for Crypto Self-Custody

MetaMask, one of the most recognized names in self-custody crypto wallets, has partnered with MasterCard to roll out a new metal payment card. The card is designed to bridge the gap between real-world spending and digital assets, potentially reshaping how crypto holders use their funds for everyday transactions. Set for a global release in Q2 of 2025, the MetaMask Metal Card introduces a new way for users to spend crypto directly from their wallets. Unlike existing crypto cards that require users to convert digital assets into fiat or pre-load them, this card enables direct payments from MetaMask’s non-custodial wallets—no middlemen,…

ThursdayMay 01, 2025 9:00 am

New SEC Chair Vows to End Regulatory Overreach, Boost Crypto Investor Confidence

The crypto sector is entering a potentially transformative phase as the U.S. SEC welcomes new leadership under Paul Atkins. His appointment signals a clear break from past regulatory practices, with promises of fairness, transparency, and a more structured approach to digital asset oversight. Atkins was officially sworn in last week to lead the SEC. At the ceremony, President Donald Trump commended his experience in the blockchain and crypto industries. Trump pointed to Atkins’ past role as co-chair of the Digital Chambers Token Alliance as a sign of his strong ties to the sector. “Paul is exactly who we need right…