Starting from July 1, 2027, the European Union will completely ban privacy coins such as Monero, Zcash, and Dash, and even mixers, often referred to as 'money laundering machines,' will be eliminated! This is not a joke— the anti-money laundering regulation (AMLR) recently passed by the European Parliament has effectively sentenced anonymous transactions to 'life imprisonment'.

Just think about it, the ring signature technology of Monero and the zero-knowledge proof of Zcash, which once made hackers and money launderers rejoice with their 'black technology', have now become ticking time bombs on the path to compliance. Even more astonishing, although self-custodied wallets are not directly banned, as long as the transfer exceeds 1000 euros, exchanges will have to dig into your identity information like checking household registrations: name, address, source of funds— none will escape!

The market reaction is even more surreal: upon the news, the prices of privacy coins initially plummeted, but the next day Monero actually rose by 5%! This operation has led retail investors to exclaim, 'The stricter the regulation, the stronger the belief.' However, experts warn that this is just the calm before the storm— once the deadline of 2027 arrives, these coins will either undergo a complete transformation or be completely abandoned.