#EUPrivacyCoinBan is the name of the ban imposed by the European Union on privacy-focused cryptocurrencies such as Monero and Zcash, scheduled to take effect in July 2027 under anti-money laundering laws.

The main points of the ban include:

Prohibiting exchanges from trading privacy-focused cryptocurrencies.

Banning the use of anonymous digital wallets.

Enforcing identity verification for transactions exceeding 1000 euros.

Goal: To enhance transparency and combat money laundering and terrorist financing.

Controversy: Some view it as a restriction on digital privacy, while others consider it essential for protecting the financial system.