#EUPrivacyCoinBan
The European Union has officially adopted the Anti-Money Laundering Regulation (AMLR) to strengthen the oversight of cryptocurrencies. The new rules will prohibit anonymous cryptocurrency wallets and privacy coins like Monero, Zcash, and Dash. Starting in 2027, all cryptocurrency transactions over €1,000 will require identity verification, and a new AML authority will oversee large platforms.
💬 Should governments have the power to ban private digital transactions? Or is this a necessary step to prevent abuse and protect users?
