#EUPrivacyCoinBan The ban on privacy-oriented cryptocurrencies, such as Monero and Zcash, in the European Union raises concerns for both financial security and individual privacy. On one hand, authorities fear that these coins could facilitate illicit activities, such as money laundering and terrorism financing. On the other hand, privacy advocates see this ban as a violation of fundamental rights, limiting users' freedom of choice and the ability to protect their financial data. The challenge for the EU is to find a balance between security and respect for privacy.