Potential ban on privacy-focused cryptocurrencies in the European Union. The proposed ban aims to prevent the use of cryptocurrencies that prioritize user anonymity, citing concerns about money laundering and terrorist financing.

Key points

- *Privacy cryptocurrencies*: Cryptocurrencies like Monero, Zcash, and Dash are designed to provide privacy and anonymity features, making it difficult to trace transactions.

- *Regulatory concerns*: EU regulators are worried that these privacy features could be exploited for illicit activities, such as money laundering and terrorist financing.