What did the European Union say???

1. The European Union Decision

The European Union votes in favor of banning the trading and use of private cryptocurrencies like Monero and Zcash, as part of efforts to combat money laundering and tighten regulation.

2. What are private cryptocurrencies?

They are currencies that focus on privacy, concealing the identity of the sender and receiver and the value of the transaction. They are used to protect digital privacy.