#EUPrivacyCoinBan This movement occurs in the context of strengthening regulations against money laundering (AML) and terrorist financing. The EU's central argument is that these coins, by concealing the sender, the recipient, and the value of transactions, hinder tracking and increase the risks of illicit use. Thus, under the new MiCA legislation (Markets in Crypto-Assets Regulation), there is discussion about limiting or even banning these coins in the regulated markets of the EU.