#EUPrivacyCoinBan In 2022, the European Union advanced legislation targeting privacy in cryptocurrency transactions, aiming to ban untraceable transactions to enhance regulatory oversight. This move, focusing on self-hosted wallets, sparked significant debate within the crypto community. In response to regulatory pressures, Binance initially planned to delist 12 privacy coins, including Monero and Zcash, in several EU countries. However, after community feedback, Binance reversed its decision for some coins, continuing to restrict others like Monero and MobileCoin. These developments underscore the ongoing tension between privacy advocates and regulatory bodies striving to prevent illicit financial activities.