The EU's recently passed Anti-Money Laundering Regulation (AMLR) is the core basis for the current round of privacy coin regulation. This regulation will come into effect on July 1, 2027, and its main contents include:

1. Prohibition of anonymous accounts and privacy coin transactions: All financial institutions and crypto asset service providers (CASPs) are prohibited from providing services to anonymous accounts, and the processing of privacy coins such as Monero (XMR), Zcash, and Dash is explicitly banned.

2. Strengthening transaction transparency: Cryptocurrency transactions exceeding 1,000 euros (approximately 1,100 USD) must undergo customer due diligence (KYC), in line with traditional banking standards.

3. Establishment of a new regulatory agency: The Anti-Money Laundering Authority (AMLA) will be established to directly supervise large cross-border crypto platforms and to conduct screening oversight on high-importance entities (such as those exceeding transaction volume or customer number thresholds).