#EUPrivacyCoinBan : Financial Freedom Under Threat
The EU has announced sweeping regulations to ban privacy coins and anonymous crypto accounts by July 2027. Under new Anti-Money Laundering rules, crypto favorites like Monero, Zcash, and Dash will become illegal to trade or hold through European exchanges.
This regulatory overreach claims to target money laundering but effectively eliminates financial privacy for millions. Exchanges must verify identities for transfers over €1,000, bringing crypto under banking-style surveillance.