#EUPrivacyCoinBan Attention,
The European Union has announced plans to ban **privacy coins** and **anonymous wallets** starting in **2027**, as part of its new **Anti-Money Laundering Regulation (AMLR)**$SOL . This will affect cryptocurrencies such as **Monero (XMR) and Zcash (ZEC)**, which allow transactions without revealing identities. The measure aims to increase financial transparency and combat financial crimes, but has drawn criticism for its impact on privacy and decentralization. The **Anti-Money Laundering Authority (AMLA)** will oversee compliance with these rules across the EU. What do you think about this regulation?