#EUPrivacyCoinBan refers to the European Union's proposal to ban privacy-focused cryptocurrencies (known as privacy coins), such as Monero (XMR), Zcash (ZEC), or Dash (DASH), as part of the reform of anti-money laundering (AML) legislation.

What you need to know (in brief):

• The ban would target the use and trading of currencies that conceal transaction details.

• Reason: the difficulty for authorities to track illegal activities.

• Impact: Possible delisting from regulated platforms in the EU (e.g., Binance, Kraken, etc.).

• Critics: Privacy advocates believe it is a blow to digital freedoms.

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