EU: 5th EU Anti-Money Laundering Directive published. AKA EU will know anything about you!

[VincentS]

That's why crypto is so important. We shouldn't see it as a salvation but it's powerful and important tool to fight against the slavery. bulls**t talks about no underlying value are not good for anything - the value itself is in trust of people in something that cannot be controlled (doesn't mean criminalized) by states and governments.

Yeah... the same underlying value of fiat money.

 

[hernanday]

"grants access to the general public to beneficial ownership information of EU based companies"

Does this mean, that if i own a company on Cyprus, with nominee direction and shareholders, that it will be possible for people to look up that I am the owner?

If so, is there anything I can do now to prevent this?

Yes.
No.
B/c you must disclose you are the beneficial owner, they are trying to make it public what you own, which is TERRIBLE!