#EUPrivacyCoinBan The European Union has moved to ban privacy coins such as Monero, Zcash, and Dash as part of new anti-money laundering regulations. These coins, known for their enhanced anonymity features, are now prohibited from being offered by crypto service providers within the EU. The ban aims to curb illicit financial activity by increasing transaction transparency and traceability. Critics argue it infringes on financial privacy and innovation, while supporters say it's necessary to combat crime and ensure regulatory oversight. The legislation is part of the EU's broader effort to create a unified framework for cryptocurrency regulation across member states.