$USDC EUPrivacyCoinBan The European Parliament has officially approved a new regulation to combat money laundering (AMLR), which will come into effect on July 1, 2027, and includes a direct ban on the use of certain cryptocurrencies known as "privacy coins" within the European Union countries.

What are the main points of this law?

1. Ban on Privacy Coins

The use of cryptocurrencies that hide the sender's and receiver's data and the amount will be prohibited, such as:

Monero (XMR)

Zcash (ZEC)

Dash (DASH)

by providers of encrypted asset services (such as platforms and wallets).

2. Prevention of anonymous accounts and wallets