Monero can no longer be legally traded in the EU

The cryptocurrency platform Binance already delisted Monero in February. Now it's Kraken's turn, as it will stop offering Monero for EU customers in November. Why is Monero so dangerous?

Monero transfers are not traceable, which poses a problem for an EU that wants to track cryptocurrency transactions in the same way they track traditional money transfers. Kraken has thus been forced to delist Monero for EU customers.

However, in other countries you can still buy Monero legally and there are decentralized platforms and channels where you can buy and sell Monero. One example is Haveno-reto, which runs on Tor to preserve the privacy of participants.

Will the EU also prohibit cryptocurrency platforms from selling and buying Zcash, Dash or Litecoin¹? I don't think so, because these coins are not private by default, unlike Monero.