#EUPrivacyCoinBan

The European Union’s 2027 ban on privacy coins like Monero, Zcash, and Dash, under the Anti-Money Laundering Regulation (AMLR), targets anonymous crypto accounts and transactions to enhance financial transparency. Effective July 1, 2027, crypto service providers must enforce strict KYC checks, prohibiting anonymity-enhancing coins. Critics argue this infringes on financial privacy and stifles innovation, while supporters claim it curbs illicit finance. The ban, overseen by the new Anti-Money Laundering Authority (AMLA), requires compliance from firms with significant EU operations. This move aligns crypto with traditional banking standards, sparking debates over privacy versus regulatory control.[](https://fincrimecentral.com/eu-privacy-coins-anonymous-crypto-ban-2027/)[](https://coinpedia.org/news/europe-declares-a-deadline-no-more-anonymous-crypto-or-privacy-coins-by-2027/)[](https://99bitcoins.com/news/legal/privacy-coins-face-eu-ban-under-new-aml-rules-starting-2027/)