#EUPrivacyCoinBan Starting July 1, 2027, the AMLR regulation will come into effect in the EU, banning anonymous crypto wallets and privacy coins like $XMR, $ZEC, and $DASH.
All crypto transfers over 1000 euros will require identification. A new agency, AMLA, will be established to oversee large crypto companies.
The market is already reacting: XMR and ZEC have fallen by 8% and 6%. This marks the beginning of a new phase in the regulation of privacy in cryptocurrencies.
