#EUPrivacyCoinBan EU Bans Privacy Coins – What Binance Users Need to Know

Big changes are coming to the crypto world! The European Union has officially announced a ban on privacy coins such as Monero (XMR), Zcash (ZEC), and Dash (DASH). This new regulation, part of the EU's updated Anti-Money Laundering Regulation (AMLR), will take effect from July 1, 2027.

For Binance users in the EU, this means:

No More Privacy Coins: Binance and other crypto platforms will be required to delist and stop supporting privacy-focused tokens.

No Anonymous Wallets: All users must complete full identity verification (KYC) to use crypto services.