#EUPrivacyCoinBan

EU to Ban Anonymous Tokens Starting in 2027

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With the recent approval of the Anti-Money Laundering Regulation (AMLR), the European Union has introduced new rules to strengthen oversight of cryptocurrencies. Starting in 2027, crypto asset service providers (CASPs) will be prohibited from operating with anonymous tokens such as Monero (XMR), Zcash (ZEC), and Dash.

🔐 Anonymous wallets and untraceable transactions will no longer be allowed under EU law.

⚖️ While the goal is to fight money laundering and illicit financing, many in the crypto community are concerned about the loss of financial privacy.

Is this the end of privacy in crypto within the EU? Or just the start of a stricter regulatory era?

🤔 Share your thoughts!