EU Targets Anonymous Crypto with 2027 Ban on Privacy Coins and Accounts

Starting in 2027, the European Union will enforce strict anti-money laundering laws that effectively outlaw anonymous crypto activity.

Tokens that mask user identities, such as Monero and Zcash, will no longer be permitted within EU-regulated platforms, and crypto companies will be barred from offering untraceable accounts.

These rules form part of a sweeping regulatory overhaul aimed at increasing transparency across both traditional finance and the digital asset sector.

While the core legislation has been finalized, implementation details are still being hashed out by the European Banking Authority, which is tasked with translating the rules into enforceable standards.

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Crypto firms operating across multiple EU nations will face heightened scrutiny. A new supervisory body, AMLA, will begin monitoring the largest players—those serving tens of thousands of customers or moving over €50 million in transactions.

Initial oversight will target 40 major firms, with mandatory identity checks on crypto transfers above €1,000.

Although the regulatory push has drawn criticism from privacy advocates, EU policymakers argue it’s a necessary step toward cleaning up the crypto space and preventing misuse.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.