Is This the End for Privacy Coins in the EU?
The European Union is set to ban privacy coins like $XMR (Monero) by 2027, and honestly, this could change the game for crypto privacy. While regulators say it’s all about stopping illicit activity, many in the crypto space see it as a threat to financial freedom and decentralization.
Major exchanges like Binance and Kraken already delisted $XMR, and now with this EU-wide crackdown coming, access to privacy-focused assets is getting harder by the day.
It raises an important question—how do we balance user privacy with regulatory compliance in a decentralized future?