#EUPrivacyCoinBan

The European Union has officially adopted the Anti-Money Laundering Regulation (AMLR), which includes a complete ban on anonymous cryptocurrencies (privacy coins) such as Monero, Zcash, and Dash, starting from July 1, 2027.

Key points:

Ban on anonymous currencies: Trading or providing services for any currency focused on anonymity is prohibited.

Prohibition of anonymous accounts: All cryptocurrency service providers must implement "Know Your Customer" (KYC) procedures.

Transaction tracking: The identity of the sender and recipient must be verified in transactions exceeding 1,000 euros.