#EUPrivacyCoinBan The EU plans to ban anonymous tokens by 2027. According to the updated MiCA regulations, cryptocurrency service providers (CASP) will be prohibited from dealing with anonymous wallets and tokens such as Monero (XMR) and Zcash (ZEC). The restrictions will apply to exchange platforms, wallets, and other regulated platforms.
The new AML rules will also require KYC checks for all cryptocurrency transactions over 1,000 euros.
