#美国非农就业数据未达市场预期 Dubai Financial Regulation Strikes Hard Again

The Dubai International Financial Centre (DIFC) Financial Services Authority recently announced an update to its regulatory framework, fully banning all privacy coin activities—trading, promotion, derivatives—in the region. Privacy coins such as XMR have been added to the restricted list.

The official reason is straightforward: the anonymity technology of privacy coins is inherently incompatible with anti-money laundering and international sanctions compliance systems, making it impossible to meet the fundamental requirements of modern financial regulation.

At the same time, it is worth noting that the new regulations impose stricter classifications on stablecoins. Only "fiat-backed tokens" backed by actual fiat currency or high-quality liquid assets are recognized, while stablecoins maintained through algorithmic mechanisms are categorized as regular cryptocurrencies for regulation—this means the survival space for algorithmic stablecoins is further squeezed.

From a market perspective, privacy coins are under short-term pressure amid tightening policies. For assets like XMR, the key support level is around 560. A downward breakthrough will require close monitoring of subsequent regulatory developments.