EU to Ban Privacy Coins by 2027
The EU will ban privacy coins like Monero, Zcash, and Dash starting July 2027 under new anti-money laundering rules. Anonymous crypto accounts will also be prohibited, and all transactions over €1,000 must be identity-verified. The move aims to curb illicit activity but raises concerns over user privacy and innovation.
#CryptoNews #PrivacyCoins #EURegulation
