#EUPrivacyCoinBan

EU Drops the Hammer on Privacy Coins — What’s Next?

As of May 2025, the European Union has officially confirmed a ban on privacy-focused cryptocurrencies and anonymous crypto wallets, starting July 1, 2027. This sweeping move falls under the new Anti-Money Laundering Regulation (AMLR), aimed at improving transparency and preventing illicit activity across the crypto industry. Coins like Monero (XMR), Zcash (ZEC), and Dash will be prohibited. Additionally, all crypto platforms in the EU will need to enforce strict KYC rules—meaning anonymous accounts will no longer be allowed. While regulators believe this will curb illegal use, critics argue it erodes privacy rights and limits financial freedom for users.

#EUPrivacyCoinBan