#EUPrivacyCoinBan EU Privacy Coin Ban: A Step Toward Stronger Crypto Oversight

The European Union has officially adopted the Anti-Money Laundering Regulation (AMLR) to bolster crypto oversight. These new rules will prohibit anonymous crypto wallets and privacy coins like Monero, Zcash, and Dash. Starting in 2027, all crypto transactions exceeding €1,000 will require identity verification, with a new AML authority overseeing large platforms.

Should governments have the power to ban private digital transactions? Or is this a necessary step to protect users and prevent abuse?