#EUPrivacyCoinBan

May 2025 the EU adopted a sweeping Anti-Money Laundering Regulation (AMLR) to strengthen crypto oversight. Key provisions (effective July 2027) include banning anonymous crypto wallets and privacy coins (e.g. Monero, Zcash, Dash). All crypto transactions over €1,000 will require identity verification (KYC). A new EU anti-money laundering authority (AMLA) will directly supervise major crypto platforms, overseeing about 40 large firms across member states