Recently, there have been reports that the European Union is preparing to implement stricter cryptocurrency regulations. The Anti-Money Laundering Regulation (AMLR), expected to take effect in 2027, will comprehensively prohibit anonymous cryptocurrency accounts and privacy coins such as Monero (XMR) and Zcash. This regulation aims to enhance transaction transparency, prevent illegal activities, and sever the funding chain of the dark web. Credit institutions, financial institutions, and cryptocurrency asset service providers are prohibited from maintaining anonymous accounts or processing privacy coins. Furthermore, the new rules also mandate customer due diligence for transactions exceeding 1000 euros. However, this has sparked a debate on financial anonymity and privacy rights, making the future implementation details and global ripple effects worth paying attention to.