PANews reported on May 28 that according to Forbes, more than 20 organizations including the European Blockchain Association and the DeFi Education Fund jointly issued the Digital Freedom Declaration, calling on the EU to develop a clear regulatory framework for privacy-enhancing technologies (PETs). The declaration advocates: 1) Developers should not be legally responsible for third-party use of open source code; 2) The need to coordinate the contradiction between the General Data Protection Regulation and the Anti-Money Laundering Regulation to be implemented in 2027, the latter of which will prohibit regulated institutions from handling privacy coins such as Monero.
Dr. Joachim Schwerin, the signatory of the declaration and chief economist of the European Commission, stressed that obfuscation technology is "an important check against excessive personal data collection by the public and private sectors". The initiative is a direct response to the criminal judgment of the Dutch court against Tornado Cash developer Alexey Pertsev in 2024. His defense lawyer Judith De Boer pointed out that "holding the developer of neutral tools accountable is unprecedented". Currently, blockchain data analysis companies can quickly crack pseudo-anonymity on the chain through AI technology. The declaration believes that comprehensive privacy solutions will become a prerequisite for the use of blockchain in sensitive scenarios such as business and politics.
