#EUPrivacyCoinBan Privacy coins and anonymous crypto wallets may soon become history in the European Union. As part of a sweeping change to tighten rules against money laundering, the EU announced plans to ban both by July 1, 2027. The message is clear: crypto may stay, but it must play by the same rules as the rest of the financial system. Regulators are clarifying that privacy coins in the EU will not be tolerated under the updated AML framework. The new rules fall under the bloc's revamped anti-money laundering regulation (AMLR) and are already shaking up discussions around privacy, surveillance, and the future of decentralized finance.