#EUPrivacyCoinBan **Legal Basis and Scope of the Ban**

- The EU has historically taken a strict stance on privacy and data protection, as seen in the **GDPR** (General Data Protection Regulation), which emphasizes transparency, purpose limitation, and user consent .

- A ban on privacy coins (e.g., Monero, Zcash) could align with the EU's efforts to combat money laundering and terrorist financing under regulations like **AMLD5/6** (Anti-Money Laundering Directives), which require traceability of financial transactions .

- However, such a ban may conflict with the **EU Charter of Fundamental Rights** (Article 7 and 8), which protects privacy and personal data, raising questions about balancing security and individual freedoms .