#EUPrivacyCoinBan Privacy coins and anonymous cryptocurrency wallets could soon become a thing of the past in the European Union. As part of a comprehensive reform to tighten anti-money laundering rules, the EU has announced plans to ban them starting July 1, 2027. The message is clear: cryptocurrencies can stay, but they must be subject to the same rules as the rest of the financial system. Regulators make it clear that privacy coins will not be tolerated under the updated anti-money laundering framework.
