#EUPrivacyCoinBan

The European Union has recently approved an official ban on trading privacy-focused cryptocurrencies such as Monero XMR, Zcash, and DASH in a move considered unprecedented under the name EUPrivacyCoinBan. This decision comes as part of tightening measures against money laundering and terrorist financing, but it raises profound questions about the future of privacy in the blockchain world. Some see this step as a precursor to further restrictions on individuals' freedom to use their money without oversight, while others view it as necessary to protect the financial system from illegal activities. Will this ban extend to other areas? And will DeFi projects or non-custodial wallets be affected later?