🚨 EU TO BAN ANONYMOUS CRYPTO ACCOUNTS AND PRIVACY COINS FROM 2027

🔒 The European Union is intensifying its fight against money laundering in the crypto space by introducing strict new AML regulations effective from 2027. These rules will prohibit banks and crypto service providers from maintaining anonymous accounts.

🚫 Privacy coins such as Monero (XMR) and Zcash (ZEC), which conceal transaction details, will be banned across all EU financial institutions.

📅 The regulations will apply to all financial entities in the EU starting in 2027, ensuring full transparency and traceability of crypto transactions.

👥 Crypto service providers operating in at least six EU countries will come under direct supervision by the Anti-Money Laundering Authority (AMLA).

💶 Mandatory customer verification will be required for transactions exceeding 1,000 euros (about $1,100).