#EUPrivacyCoinBan
Key Updates on the EU Privacy Coin
Ban Scope:
- Privacy coins like Monero (XMR), Zcash (ZEC), and Dash (DASH) will be prohibited in the EU.
- Anonymous crypto accounts (including self-custody wallets) will no longer be allowed.
Impact on Crypto Providers:
Exchanges/CASPs must delist privacy coins and implement full KYC by 2027 or face penalties.
Decentralized projects may be marginalized in the EU market.