🚨 Major EU Crypto Regulation Update 🚨
The European Union is set to ban privacy coins like Monero and Zcash, along with anonymous crypto accounts, starting July 1, 2027.
Under the new Anti-Money Laundering (AML) rules:
🔒 Privacy-focused cryptocurrencies will no longer be allowed.
🧾 Identity verification (KYC) will be mandatory for all crypto transfers over €1,000.
🏦 Crypto service providers (CASPs) must collect full customer data or stop operating in the EU.
The EU is taking a tough stance to combat illicit finance—this will reshape how crypto operates across Europe.
📅 Deadline: July 2027
📍 Region: Entire EU
Stay informed. Stay compliant.
