Dubai takes a harder stance on privacy-focused cryptocurrencies like Monero and Zcash, moving to ban them as part of a broader cryptocurrency regulatory adjustment. The move reflects growing concerns among regional authorities about transaction transparency and compliance standards in the digital asset space.
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BridgeNomad
· 01-13 07:10
ngl, saw this coming from a mile away... privacy coins always get caught in the regulatory crossfire. tbh reminds me of the liquidity fragmentation we saw during the celsius collapse—everyone scrambling to hide assets, regulators tightening the noose. dubai's probably just risk-assessing their counter-party exposure with monero/zcash. predictable move, really.
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ZKProofEnthusiast
· 01-12 14:50
Is Dubai really going all out this time? Is banning privacy coins the end of it? The regulatory excuse is always so elegant.
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GasFeeLady
· 01-12 14:41
ngl, here we go again... another region playing whack-a-mole with privacy coins. dubai's basically saying "sorry monero, your anonymity isn't worth the regulatory gas fees" lmao. watched this exact pattern play out so many times—when authorities start sweating transparency metrics, privacy tokens become the MEV victims nobody warned you about 💀
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BoredWatcher
· 01-12 14:41
Privacy coins are cooling off. Dubai has directly issued a ban on this wave, and transparency might actually become the future standard.
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WalletDivorcer
· 01-12 14:39
Banning coins again? Why did Dubai suddenly become so conservative... Privacy coins are just so eye-catching.
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PretendingSerious
· 01-12 14:35
Dubai is really ruthless, is privacy coin doomed? What about my XMR haha
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SchrodingersPaper
· 01-12 14:32
Here we go again, privacy coins are under attack again. Dubai is really getting anxious this time.
Dubai takes a harder stance on privacy-focused cryptocurrencies like Monero and Zcash, moving to ban them as part of a broader cryptocurrency regulatory adjustment. The move reflects growing concerns among regional authorities about transaction transparency and compliance standards in the digital asset space.