#EUPrivacyCoinBan

The European Union has enacted a comprehensive ban on privacy-focused cryptocurrencies and anonymous crypto accounts, set to take effect on July 1, 2027, under the new Anti-Money Laundering Regulation (AMLR).

Key Provisions of the AMLR

Ban on Privacy Coins: Cryptocurrencies that prioritize user anonymity, such as Monero (XMR), Zcash (ZEC), and Dash (DASH), will be prohibited. Crypto-asset service providers (CASPs), including exchanges and wallets, will be barred from listing or