#EUPrivacyCoinBan Privacy coins and anonymous crypto wallets might soon become history in the European Union. As part of a sweeping overhaul to tighten anti-money laundering rules, the EU has announced plans to ban both by July 1, 2027. The message is clear: crypto can stay, but it has to play by the same rules as the rest of the financial system. Regulators make it clear that privacy coins in the EU will not be tolerated under the updated AML framework.

The new rules fall under the bloc’s updated Anti-Money Laundering Regulation, or AMLR, and they’re already shaking up conversations around privacy, surveillance, and the future of decentralized finance.