Monero and Zcash hold steady despite EU’s plan to ban privacy tokens by 2027

The European Union plans to ban privacy-focused tokens such as Monero and Zcash by 2027 under new anti-money laundering regulations, aiming to enhance transaction traceability and curb money laundering.

Despite looming regulations, privacy tokens have maintained their value, with Monero and Zcash experiencing significant price increases, showing that these cryptocurrencies continue to attract investor confidence.