#EUPrivacyCoinBan .

Key Aspects of the Ban

Prohibited Assets: .

Service Provider Restrictions: .

Transaction Thresholds: All crypto transactions exceeding €1,000 will require full identity verification of both the sender and the receiver, aligning crypto operations more closely with traditional banking standards .

Regulatory Oversight: A new supervisory body, the Anti-Money Laundering Authority (AMLA), will be established to oversee compliance. AMLA will directly supervise up to 40 crypto-asset service providers operating across at least six EU countries .

Implications for Stakeholders

Crypto Users: Individuals holding privacy coins within the EU will need to divest or