A hashtag #EUPrivacyCoinBan gained prominence in May 2025, after the European Union announced that, starting from July 1, 2027, digital currencies focused on privacy, such as Monero (XMR), Zcash ($ZEC ), and $DASH , as well as anonymous accounts on crypto asset platforms, will be prohibited.

This measure is part of the new Anti-Money Laundering Regulation (AMLR), which aims to align the crypto asset sector with traditional financial compliance standards.

According to Article 79 of the AMLR, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or supporting tokens that preserve transaction privacy. Furthermore, all transactions exceeding 1,000 euros will require identity verification of the parties involved.

Critics argue that the ban could compromise the financial privacy of legitimate users, such as journalists and activists, and stifle innovation in the sector. On the other hand, regulators argue that the measure is essential to prevent financial crimes and strengthen transparency in the crypto asset market.

With the implementation of these rules, it is expected that companies in the sector will adjust their operations to comply with the new regulatory requirements, marking a significant change in the landscape of crypto assets in Europe.