#EUPrivacyCoinBan #EUPrivacyCoinBan The European Union has officially approved the Anti-Money Laundering Regulation (AMLR), which will take effect on July 1, 2027. One of the most controversial parts of this law is the ban on privacy coins, such as Monero (XMR), Zcash (ZEC), and Dash.

Highlights of the regulation:

All types of privacy-focused cryptocurrencies will be banned.

Anonymous cryptocurrency accounts and wallets will no longer be allowed.