#EUPrivacyCoinBan

🚨 EU’s New Anti-Money Laundering Regulation (AMLR) Shakes Up Crypto ⚖️Starting July 1, 2027, the EU’s AMLR bans privacy coins like Monero, Zcash, and Dash, alongside anonymous crypto accounts. Crypto providers must enforce strict KYC checks for transactions above €1,000, matching banking standards. The Anti-Money Laundering Authority (AMLA) will oversee major platforms (20,000+ users or €50M in transactions). Supporters say it tackles illicit finance, but critics warn it kills privacy and innovation. Privacy coin prices are plunging, and trading volumes are spiking. #AML #Crypto #EU