#EUPrivacyCoinBan

The European Union is moving toward stricter regulations on privacy coins—cryptocurrencies like Monero, Zcash, and Dash that prioritize user anonymity. Under new anti-money laundering (AML) rules, the EU aims to ban the use of these coins within regulated financial institutions. Lawmakers argue that such privacy-focused assets pose significant risks by enabling illicit transactions, terrorism financing, and tax evasion. However, critics warn this could stifle innovation and harm financial privacy rights. The proposed ban is part of a broader effort to align crypto with traditional financial compliance, but it raises concerns about surveillance and the future of decentralized technologies.