#EUPrivacyCoinBan #EUPrivacyCoinBan

Privacy coins face EU ban under new AML rules starting in 2027.

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 remain, but they must be governed by the same rules as the rest of the financial system. Regulators make it clear that privacy coins in the EU will not be tolerated under the updated anti-money laundering framework.

The new rules are part of the block's updated Anti-Money Laundering Regulation, or AMLR, and are already revolutionizing conversations about privacy, surveillance, and the future of decentralized finance.