Anamorphic Monero Transactions: the Threat of Bypassing Anti-Money Laundering Laws

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In this paper, we analyze the clash between privacy-oriented cryptocurrencies and emerging legal frameworks for combating financial crime, focusing in particular on the recent European Union regulations. We analyze Monero, a leading "privacy coin" and a major point of concern for law enforcement, and study the scope of due diligence that must be exercised under the new law with regard to Monero trading platforms and how it translates to the technical capabilities of the Monero protocol. We both