Patrick Hansen, a cryptocurrency industry expert, recently addressed the misunderstandings surrounding the European Union's stance on crypto anonymity.

He clarified that the EU's Anti Money Laundering Regulation (AMLR) is designed to strengthen anti-money laundering (AML) and counter-terrorism financing (CFT) measures across a wide range of sectors, not exclusively focusing on or targeting cryptocurrencies.

This clarification came in response to early reports and discussions that misrepresented the EU's regulatory approach towards cryptocurrencies, suggesting a more targeted regulatory action than what is actually the case.