#EUPrivacyCoinBan
The EU has passed a new Anti-Money Laundering Regulation (AMLR), effective in 2027.
It includes a ban on privacy coins such as Monero (XMR), Zcash (ZEC), and Dash (DASH).
Crypto service providers in the EU will be prohibited from holding or transacting with these coins.
All anonymous crypto payments to hosted wallets will be banned, regardless of amount.
Cash transactions over €10,000 and anonymous cash payments over €3,000 will also be banned.
The regulation is aimed at combating money laundering and terrorist financing by increasing transparency.
Critics warn the move may threaten financial privacy, hinder blockchain innovation, and drive users to unregulated markets.
Despite the proposed restrictions, privacy coins have remained resilient, showing continued market demand.
The regulation gives the industry until 2027 to adapt to the new compliance framework.
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The EU has passed a new Anti-Money Laundering Regulation (AMLR), effective in 2027.
It includes a ban on privacy coins such as Monero (XMR), Zcash (ZEC), and Dash (DASH).
Crypto service providers in the EU will be prohibited from holding or transacting with these coins.
All anonymous crypto payments to hosted wallets will be banned, regardless of amount.
Cash transactions over €10,000 and anonymous cash payments over €3,000 will also be banned.
The regulation is aimed at combating money laundering and terrorist financing by increasing transparency.
Critics warn the move may threaten financial privacy, hinder blockchain innovation, and drive users to unregulated markets.
Despite the proposed restrictions, privacy coins have remained resilient, showing continued market demand.
The regulation gives the industry until 2027 to adapt to the new compliance framework.
BONUS TIME! Binance Red Packet Alert
Grab it FAST before it's gone
💥💸🚀 BTC Red Packet Code: BPW4DSYIPH 🚀💸💥
Claim it on Binance NOW!
⏳ Limited Time – Go Go Go!!!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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