#EUPrivacyCoinBan

Governments have a duty to protect financial systems from abuse, but banning private digital transactions risks overreach. While the EU's AMLR aims to curb illicit activity, it also threatens individual privacy and financial autonomy. A blanket ban on privacy coins and anonymous wallets could harm legitimate users and stifle innovation. Regulation is necessary, but it should be balanced, transparent, and targeted. Instead of banning privacy tools outright, governments could enforce stronger checks on centralized platforms while preserving user privacy on decentralized networks. A nuanced approach would address security concerns without sacrificing civil liberties or undermining the core values of crypto.