#EUPrivacyCoinBan #EUPrivacyCoinBan The European Union will ban privacy cryptocurrencies, such as Monero, Zcash, and Dash, starting July 1, 2027, under the new Anti-Money Laundering Regulation (AMLR). This measure, which also prohibits anonymous accounts and requires full KYC for crypto transactions over 1,000 euros, aims to increase transparency and combat illicit activities. However, the decision has sparked criticism for its impact on financial privacy and innovation. Experts warn that it could drive users and businesses away from the EU towards more flexible jurisdictions, while privacy advocates argue that it undermines fundamental rights. Although regulators justify the rule to align cryptocurrencies with traditional banking standards, the debate continues: is it a necessary step against crime or an excess of control? Crypto platforms have until 2027 to adapt, which involves restructuring business models. Users must prepare for an environment without anonymity, exploring alternatives such as zero-knowledge proof technologies. The AMLR, supervised by the new Anti-Money Laundering Authority (AMLA), marks a radical change in the European crypto landscape.