#EUPrivacyCoinBan Laws that will come into full effect starting in 2027 for the European Union:

Goodbye to Anonymous Crypto Accounts! 👤❌: Regulated platforms will be prohibited from offering anonymous accounts or wallets. If you want to use an exchange or regulated service in the EU, they will need to know who you are (KYC). Clarification: This affects services; the law does not prohibit having your own wallet (self-custody), but it does complicate interacting anonymously with platforms.

* No More Privacy Coins (on Regulated Exchanges): The rules will also prohibit these platforms from offering or facilitating transactions with privacy coins like Monero (XMR), Zcash (ZEC), Dash, and similar. In practice, this means that these coins will disappear from the listings of regulated exchanges in Europe. 🚫