#EUPrivacyCoinBan These coins, such as Monero (XMR) and Zcash (ZEC), are designed to provide enhanced anonymity and privacy features for users.

The proposed ban aims to prevent the use of these coins for illegal activities such as money laundering and financing terrorism. However, the ban has raised concerns among cryptocurrency advocates who argue that it could infringe on citizens' right to financial privacy and stifle innovation in the cryptocurrency space.