#EUPrivacyCoinBan

The European Union has officially adopted new Anti-Money Laundering Regulation (AMLR) rules that will ban privacy coins and anonymous crypto accounts starting in 2027. This move is part of a broader effort to strengthen oversight of cryptocurrencies and combat illicit activities.

The ban is part of the EU’s broader Markets in Crypto-Assets (MiCA) framework, which aims to regulate digital assets and ensure compliance with anti-money laundering (AML) and know-your-customer (KYC) standards.

This decision is already prompting exchanges to delist privacy coins in EU markets and is sparking global debate about the balance between privacy and regulation.