Privacy coins banned in the EU. A win for regulation — or a loss for freedom?
This week, the European Union officially banned privacy coins like Monero, Zcash, and Dash.
Why? Their untraceable nature makes them a "risk" for money laundering and illicit finance.
But here’s the real debate:
Are we sacrificing financial privacy in the name of compliance?
Or is this a necessary step to bring accountability to crypto?
The European Union is set to ban anonymous crypto accounts and privacy coins like Monero and Zcash by 2027 under new Anti-Money Laundering regulations