Starting from July 1, 2027, the EU will completely ban privacy coins such as Monero, Zcash, and Dash, and even mixers known as 'money laundering machines' will be taken down in one go! This is not a joke — the EU Parliament has just passed the Anti-Money Laundering Regulation (AMLR), which directly gives anonymous transactions a 'life sentence'.
Think about it, the ring signature technology of Monero and the zero-knowledge proofs of Zcash, these once-celebrated 'black technologies' that thrilled hackers and money launderers, have now become ticking time bombs on the path to compliance. What's even more extreme is that while self-custody wallets are not directly banned, as long as a transfer exceeds 1,000 euros, exchanges must strip away your identity information like checking a household register: name, address, source of funds, none can escape!
The market reaction is even more surreal: as soon as the news broke, the prices of privacy coins initially plummeted, but the next day, Monero actually rose by 5%! This operation has made retail investors 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 reinvent themselves or completely disappear.