On May 2025, the EU officially passed the Anti-Money Laundering Regulation (AMLR), which will prohibit financial institutions from providing anonymous cryptocurrency accounts or wallets with cryptocurrency service providers starting July 1, 2027, and completely ban the trading of privacy coins (such as Monero, Zcash, Dash). The new regulations also require mandatory identity verification for cryptocurrency transactions exceeding 1,000 euros and establish a new regulatory agency, AMLA, to directly oversee large cryptocurrency platforms.
This move aims to combat money laundering and terrorist financing and enhance financial transparency. However, supporters of privacy coins are concerned that this may restrict users' privacy rights and financial freedom. Affected cryptocurrencies may be delisted from EU exchanges, and traders should pay attention to the potential delisting risks and volatility in the privacy coin sector. Be cautious.