#EUPrivacyCoinBan This is part of the newly adopted Anti-Money Laundering Regulation (AMLR) , aimed at increasing transparency and combating financial crime.
The ban will affect cryptocurrencies designed to obscure transaction details, like Monero and Zcash , as well as anonymous accounts and unverified crypto transfers .
It’s part of new Anti-Money Laundering Regulations (AMLR), coming into force by 2027.
These rules will:
↳ Ban crypto businesses from handling privacy tokens
