#EUPrivacyCoinBan EU Ban on Privacy Coins and Its Impact on Binance Users

EU Privacy Coin Ban Update

We know this news can be concerning. In May 2025, EU lawmakers agreed to ban privacy coins (like Monero and Zcash) by mid-2027

panewslab.com

. They say it’s to stop crime such as money laundering

ainvest.com

. Many people worry this goes too far, hurting personal privacy

99bitcoins.com

. After the news, these coins dropped in price

cryptorank.io

. For EU traders, it means stricter rules: any crypto transfer over €1,000 needs ID verification

ainvest.com

. Exchanges (like Binance) must verify every user or stop offering services in the EU

binance.com

. Privacy coins will be removed from EU platforms. Binance will follow the rules and keep your funds safe. Sources: Official EU A_M_L_R agreement and crypto news reports