The European Union has officially adopted new regulations to combat money laundering (AMLR), including a ban on privacy-focused cryptocurrencies and anonymous accounts starting from July 1, 2027.

This step aims to align digital assets with traditional financial systems to reduce illicit economic activities.

Which cryptocurrencies are banned?

The targeted cryptocurrencies include:

Monero (Monero - XMR)

Zcash (Zcash - ZEC)