#EUPrivacyCoinBan

EU to Ban Privacy Coins & Anonymous Crypto Wallets by 2027

The EU will ban privacy-focused cryptocurrencies (like Monero, Zcash) and anonymous crypto wallets by 2027 under new AML rules. Crypto service providers face stricter scrutiny and must end support for these features. A new EU regulatory body (AMLA) will oversee large crypto entities. Privacy coin prices dipped after the announcement on May 2, 2025. This aligns with global anti-money laundering efforts.