#EUPrivacyCoinBan

The European Union is trying to limit or outlaw the use of privacy-focused cryptocurrencies these digital coins are designed to keep transactions and user identities hidden, which makes them attractive for personal privacy—but also raises red flags for regulators who are trying to fight money laundering and terrorism financing. The main goal of these rules is to make crypto more transparent and easier to trace. Supporters say it helps stop illegal activity, while critics worry it takes away people's right to financial privacy.