Privacy coins under fire: Can lawmakers regulate untraceable transactions?

The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Privacy coins, or cryptocurrencies with privacy-enhancing features designed to boost anonymity and reduce traceability, are at the heart of a brewing battle between personal financial freedom and government regulation.

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The rise of privacy coins: We only care when privacy is at risk | Opinion

Demonizing privacy coins undermines the core principles driving many web3 natives: The freedom of essential human rights, and privacy being one of them.

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Zcash (ZEC) sees surge in trading volume as privacy coins gain investor attention

The cryptocurrency market is brimming with optimism as traders anticipate significant surges to new all-time highs. Despite a relatively flat performance for most digital tokens over the past 24 hours, privacy coins have experienced a notable spike in trading activity.

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Privacy Coins Take Another Beating, It Won’t Be the Last Time

Dubai has recently announced plans to ban all privacy coins, following Japan and South Korea. More countries will inevitably follow. The post Privacy Coins Take Another Beating, It Won’t Be the Last Time appeared first on BeInCrypto.

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Monero (XMR) Leads Gains Among Top Privacy Coins in 2022

Amid strained crypto year, Monero (XMR) is leading charge among top privacy coins

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Huobi to delist Monero and other privacy coins, citing regulatory pressures

The exchange cited its own token management policy and compliance efforts as primary reasons for delisting seven privacy coins.

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Bittrex Stops Trading Three Key Privacy Coins

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South Korea’s regulator sets policies around privacy coins

The Financial Service Commission sent a notice on Monday barring exchanges from handling ‘dark’... The post South Korea’s regulator sets policies around privacy coins appeared first on Coin Journal.

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What are the best cryptocurrencies in the privacy sector?

Privacy coins have an enhanced focus on security and are designed to keep users’ identities as private as possible. In this piece, we look at the challenges that privacy coins are facing today and what are the best privacy-oriented cryptocurrencies at the moment.

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Coin Usage Data Suggests Privacy No Longer a Priority for Most Cryptocurrency Users

New data from the blockchain analysis firm CoinMetrics shows that despite the availability of privacy coins like Monero, Grin, and Zcash, crypto users are not using these coins to their full potential.

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John McAfee Pitches Anonymous Coins, Defending Privacy Even Though Criminals Love It Too

Crypto baron McAfee has gotten on his hobby horse of privacy and private coins again, stating that privacy mustn?t be crippled just because it?s also used by thugs

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The Best Privacy Coins: Crypto Briefing’s Top 10

Privacy coins have been lauded by some as necessary to protect users’ basic right to privacy. So, what are the top 10 privacy-centric cryptocurrencies? The Benefits of Privacy Coins Privacy...The post The Best Privacy Coins: Crypto Briefing’s Top 10 appeared first on Crypto Briefing.

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FATF-Driven Delistings Capture the Criminalization of Privacy

The delisting of privacy coins like monero, zcash, and dash is becoming something of a trend in Asia, and could soon expand elsewhere. In the wake of the intra-governmental Financial Action Task Force (FATF) issuing new global standards, Korean exchanges Okex and Upbit have announced they will delist and put warnings on several privacy coins […] The post FATF-Driven Delistings Capture the Criminalization of Privacy appeared first on Bitcoin News.

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Dash, Zcash and other privacy coins aren’t as popular as Bitcoin on the dark web, claims BlockchainIntel CEO

Virtual assets have evolved over the past decade. The entire concept began as an idea of a financial asset for a peer-to-peer transaction. However, over time, different crypto-projects have entered the cryptospace, with the likes of stablecoins, exchange-launched tokens, dApp tokens and privacy coins gaining popularity quickly.

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US Government Is Interested in Tracking Privacy Coins, New Document Shows

A pre-solicitation published by the U.S. Department of Homeland Security asks about conducting forensic analysis on privacy coins like zcash and monero.

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US Government Interested in Tracking Privacy Coins, New Document Shows

A pre-solicitation published by the U.S. Department of Homeland Security asks about conducting forensic analysis on privacy coins like zcash and monero.

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Reasons why Monero could soon smoke above other Privacy coins

Many investors within the crypto community are aware that a boom is inevitable within the crypto world irrespective of the lose in value of most cryptocurrency below what was expected of them at this time this year.

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Privacy Coins Fall Through The Ranks As Market Caps Decline

Bitcoin. com has reported that the market caps for many privacy coins have decreased significantly over the course of 2018. Although privacy coins are still among the leading cryptocurrencies, they no longer occupy a single position in the top ten list.

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Privacy Coins Are ‘One of the Greatest Emerging Threats to U.S. National Security,’ States US Congressman

The U. S. Secret Service is taking a good look at privacy-focused cryptocurrencies like Monero and Zcash while urging Congress to “consider additional legislative or regulatory actions. ” Fear of Privacy Coins Last week, a top official from the federal law enforcement agency reportedly requested help from Congress in combating the use of privacy coins for illicit purposes.

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Top Secret Service Official Puts Privacy Coins in Crosshairs of US Government

A director within the United States Secret Service testified on Wednesday to Congress, urging the government to take decisive actions to monitor privacy coins.

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Congress assistance sought by US Secret Service to stop illicit usage of privacy coins

Privacy The US Secret Service is worried about the illicit use of cryptocurrencies. Asking Congress for Help In his testimony, Novy asked “Congress for help in preventing cryptocurrencies like monero and zcash, which provide users with enhanced privacy and anonymity features, from being used for illicit purposes,” Forbes elaborated. According to Forbes, Greg Nevano, an

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US Secret Service Asks Congress for Help to Prevent Illicit Use of Privacy Coins

The US Secret Service is worried about the illicit use of cryptocurrencies. A high-ranking official of the agency has urged Congress to consider additional legislation to address anonymity-enhanced cryptocurrencies and services intended to obscure transactions on blockchains such as tumblers or mixers.

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US Secret Service recommends regulation of Monero [XMR], Zcash [ZEC], and other cryptocurrencies

Deputy Assistant Director of Office of Investigations at US Secret Service, Robert Noye, recommended that digital currencies like Monero [XMR] and ZCash [ZEC] and other ‘privacy coins’ should be regulated better to prevent illegal activities using the coins, in a prepared testimony on Wednesday.

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Japanese Exchanges That Are Regulated Will Stop Insider Trading, Privacy Coins

Regulation The association comprising of 16 government-approved cryptocurrency exchanges in Japan has reportedly provided a sneak peak of its self-regulatory rules. The focuses are on banning insider trading and preventing exchanges from listing privacy coins.

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Japanese Exchanges voluntarily to ban insider trading and privacy coins

Regulation The association comprising of 16 government-approved cryptocurrency exchanges in Japan has reportedly provided a sneak peak of its self-regulatory rules. The focuses are on banning insider trading and preventing exchanges from listing privacy coins.

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All Regulated Japanese Exchanges to Prohibit Insider Trading and Privacy Coins

The association comprising of 16 government-approved cryptocurrency exchanges in Japan has reportedly provided a sneak peak of its self-regulatory rules. The focuses are on banning insider trading and preventing exchanges from listing privacy coins.

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Malicious Monero Miners Made Off with 5% of Coins in Circulation, Over $175 Million

‘Fair’ mining and privacy altcoin, Monero (XMR), shed $175 million as a result of malicious miners hijacking what amounts to an eye-popping 5% of XMR in circulation. The findings come by way of a cyber security researcher in Northern California, investigating a noticeable trend uptick in mining thievery generally.

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The Genesis Files: If Bitcoin Had a First Draft, Wei Dai’s B-Money Was It

All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name.

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Tether Overtakes Monero and Dash as Investors Wait for Bull Market

U. S. dollar backed stablecoin Tether (USDT) has overtaken privacy coins Monero and Dash to reach the 12th highest cryptocurrency by market cap following a recent drop in prices. As crypto investors store more of their value in Tether, the amount of money waiting for a bull run to enter the market is on the rise.

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