#EUPrivacyCoinBan

Ban on Privacy Coins & Anonymous Crypto Accounts

Privacy Coins BANNED!

🚫 Monero (XMR)

🚫 Zcash (ZEC)

🚫 Dash

New AML Rules Include:

✅ Identity verification for all crypto transactions over €1,000

✅ Complete ban on anonymous wallets/accounts

✅ Supervision of up to 40 CASPs by the newly formed Anti-Money Laundering Authority (AMLA)

Why it matters:

Supporters say:

🛡️ Less room for illegal activity

🔍 More transparency in digital finance

Critics argue:

⚠️ Could stifle innovation

⚠️ A blow to financial privacy

Is this the end of privacy in crypto? Or a necessary step for legitimacy?

Let’s discuss!