When the European Union sets a 2027 compliance date for an anti-money laundering overhaul that reaches from cash registers to crypto wallets, the timeline is less a distant horizon and more a regulatory planning clock that starts ticking for exchanges, wallet providers, and DeFi interfaces right now. The new framework—Regulation (EU) 2024/1624—will apply from July 2027 and introduces a bloc-wide cap of €10,000 on cash payments for goods and services, according to a report from WuBlockchain. For crypto-asset service providers, the package is tighter still: explicit KYC obligations for certain occasional transactions, restrictions on anonymous crypto accounts, and a clear prohibition on services linked to anonymity-enhancing coins.