#EUPrivacyCoinBan The EU will ban anonymous cryptocurrencies such as Monero, Zcash, and Dash, as well as anonymous accounts, starting July 1, 2027, under the new AMLR regulation. This move aims to enhance transparency in the digital asset space. All anonymous transactions over €1,000 will require identity verification. A newly formed authority, AMLA, will oversee compliance among key crypto service providers. Following the announcement, XMR and ZEC prices dropped sharply. While the goal is to combat money laundering, the decision raises concerns over the erosion of financial privacy.