In my personal opinion, as a person living in West Europe the EU never liked crypto... They're always trying to make the rules more strict, force more KYC/AML, restrict us whenever they can. Will they back down? My gut feeling says they won't. They don't like what they cannot controll.
But then again, i don't have a crystal ball to predict the future, i could be completely wrong.
It is not about crypto but rather that Europe wants to regulate everything and anything. The freedoms of people are always getting cut down into smaller and smaller pieces and being taken away until we have nothing left and basically become China.
But the fact remains that there is no possible way for Europe to effectively ban cryptocurrency, especially Bitcoin.
All we have to do is wait for the idiot politicians to catch up to today's technology or simply give up.