This I believe may affect Bitcoin, at least as we know it so far:
"In particular, the EU would ban anonymous crypto asset wallets, according to an EU fact sheet, with the European Commission saying that systems like Bitcoin should be governed by the same rules as regular bank wire transfers."
In other words, for each transaction they want to identify the user who sends and the user who receives the transaction, which is easy if one of the parties is a registered exchange user. If the other party is not identified, the transaction is blocked.
I don't know how those who have their funds in hardware wallets and don't want to identify themselves would be. I suppose that at least they would be very limited in their ability to send funds. And then banning anonymous wallets is another blow to privacy.
I don't know what you think about how this could end up.
