⛔ EU against anonymity: XMR, ZEC, and others banned from 2027

From 2027, new AML (anti-money laundering) rules come into effect in the European Union, which:

• Prohibit crypto exchanges, wallets, and services from working with anonymous coins

• Monero (XMR), Zcash (ZEC), and other privacy coins are under threat

• The reason is increased control and transparency in the crypto space

What does this mean?

• Most likely, European exchanges will delist these tokens

• Anonymity in crypto will further be pushed towards DeFi and off-chain

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Is privacy a threat or a right?

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