#EUPrivacyCoinBan The European Union has officially approved the Anti-Money Laundering Regulation, setting the stage for a ban on privacy coins and anonymous cryptocurrency accounts starting July 1, 2027. Under the new rules, financial institutions and cryptocurrency service providers will no longer be able to maintain or manage accounts that allow anonymous transactions or support privacy-focused cryptocurrencies such as Monero (XMR), Zcash (ZEC), and Dash.