The European Union recently passed a controversial Anti-Money Laundering Regulation (AMLR) that has far-reaching implications for the cryptocurrency market. According to the latest report from Cointelegraph, the EU officially announced that starting from July 1, 2027, all financial institutions will be prohibited from providing anonymous cryptocurrency accounts or wallets with cryptocurrency service providers, and transactions involving privacy coins (such as Monero, Zcash, Dash) will be completely banned. This move has undoubtedly caused a stir in the cryptocurrency sector.