EU to Ban Anonymous Crypto by 2027 in Major AML Crackdown
Home/Short News/EU to Ban Anonymous Crypto by 2027 in Major AML Crackdown Short News Qadir AK Qadir AK AuthorQadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space. May 02, 2025 13:20 UTC Less than a minute The European Union is rolling out strict new Anti-Money Laundering rules that will ban privacy coins and anonymous crypto accounts starting in 2027. Under the AML Regulation (AMLR), banks, financial firms, and crypto service providers will no longer be allowed to offer or support anonymous accounts or privacy-focused cryptocurrencies like Monero and Zcash. The move aims to increase transparency and combat illicit activities in the digital asset space across all member states. We'd Love to Hear Your Thoughts on This Article!Was this writing helpful?