EU law requires them to block* deposits from coinjoins**.
* = whatever that looks like, presumably just close the account and tell the user to provide a refund address
** = if detected
Discussion
Wasn't sure that applied to withdrawals, thought if was just for deposits to the exchange.
Which law is that?
Not sure which exact one, either MiCAR or something passed around the same time: https://www.investopedia.com/news/what-does-increased-government-regulation-mean-privacyfocused-coins/#:~:text=In%20the%20European%20Union%20in,or%20purchased%20via%20their%20services.
The MiCa rules,... The ones I've been covering for 3 years on my podcast and such.. and where no one had any opinions about in the EU until they have to take this moronic test. :)