#EUPrivacyCoinBan

Here are the key points on the EU privacy coin ban:

Ban Start Date: July 1, 2027

Privacy Coins Banned: Monero (XMR), Zcash (ZEC), Dash (DASH), etc.

Anonymous Accounts Banned: No anonymous crypto wallets/accounts allowed.

KYC Required: Identity verification mandatory for crypto transactions over €1,000.

New Regulator: Anti-Money Laundering Authority (AMLA) will oversee major crypto firms.

Goal: Combat money laundering and align crypto with traditional finance regulations.