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Dash claims ‘inaccurate categorization’ as ShapeShift delists privacy coins

Published 11/16/2020, 09:00 AM
Updated 11/16/2020, 10:40 AM
Dash claims ‘inaccurate categorization’ as ShapeShift delists privacy coins
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It shouldn’t come as a surprise that regulators are starting to pay close attention to cryptocurrencies this year. For instance, as the price of Bitcoin (BTC) continues to soar, it’s predicted that regulators will start taking direct action – possibly even banning Bitcoin completely.

While the ban may sound extreme, regulators have recently honed in on the use of privacy coins like Monero (XMR), Zcash (ZEC) and Dash. For example, in September this year, the United States Internal Revenue Service offered a bounty of up to $625,000 for intelligence firms that could break the untraceable privacy coin Monero.

Regulatory concerns and further challenges

Widely used privacy coins predicted to remain on exchanges

Is Dash even a privacy coin, and does this matter?

Continue Reading on Coin Telegraph

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