#EUPrivacyCoinBan relates to the planned ban by the European Union on privacy-focused cryptocurrencies (so-called "privacy coins") and anonymous crypto wallets.

Here are the key points:

‼️Essence of the ban: The EU has officially approved the Anti-Money Laundering Regulation (AMLR), which will come into effect on July 1, 2027. One of the most controversial parts of this law is the ban on privacy coins such as Monero (XMR), Zcash (ZEC), and Dash.