#EUPrivacyCoinBan Privacy coins and anonymous cryptocurrency wallets may soon become a thing of the past in the European Union. As part of a broader reform to tighten anti-money laundering regulations, the EU has announced plans to ban them by July 1, 2027. The message is clear: cryptocurrencies can stay, but they must follow the same rules as the rest of the financial system. Regulators make it clear that privacy coins will not be tolerated in the EU under the new AML framework.