#EUPrivacyCoinBan

Cryptocurrency privacy strike! EU rules the end of anonymous coins by 2027.

Brussels toughens its stance against digital money laundering by banning anonymous cryptocurrency accounts and so-called "privacy coins" like Monero, Zcash, and Dash. The measure, which will come into effect on July 1, 2027, will require platforms like Binance to adapt their operations to comply with the new AML regulations. This move marks a turning point in the traceability of transactions with digital assets within the European bloc.