The European Union is considering new anti-money laundering (AML) regulations set to take effect in 2027, which could potentially ban privacy coins and anonymous cryptocurrency accounts. These measures are part of a broader effort to enhance financial transparency and combat illicit activities within the crypto sector. The proposed regulations align with the EU's ongoing implementation of the Markets in Crypto-Assets (MiCA) framework, which aims to establish a comprehensive regulatory environment for digital assets. Experts from the European Crypto Initiative are actively discussing the implications of these changes and their impact on the crypto industry.