The European Union has officially adopted new regulations to combat money laundering (AMLR), which include a ban on privacy-focused cryptocurrencies and anonymous accounts starting from July 1, 2027.

This move aims to align digital assets with traditional financial systems in order to reduce illicit economic activities.

Which cryptocurrencies are banned?

The targeted cryptocurrencies include:

Monero (Monero - XMR)

Zcash (Zcash - ZEC)