Privacy protocol projects are pushing back against Dubai's new regulations that include a ban on privacy coins.
“Our company is very pro-regulation, and having a clear framework by which to operate in will only strengthen the industry...This news is potentially significant for growing digital currency payments, as the government is showing that they are protecting consumers, as well as vendors."
“Think of privacy coins as you would think of US dollar bills that have nearly been passed from one person to the next, making it impossible to track their owner. This presents a unique challenge as allowing them, may enable illicit trade.” "By banning ‘privacy coins’ instead of engaging to understand the technology, regulators are demonstrating that they aren't really working on behalf of the public, for whom privacy is a basic human right."
"There is no such thing as a ‘privacy coin.’ There are technological systems like Bitcoin where transaction information is disclosed to everyone whether a user wants it to be or not, and technological systems like Zcash where users have control over who they disclose their transaction information to," he explained.secure a license from VARA
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Dubai Prohibits Privacy Coins Like Monero Under New Crypto RulesThe issuance of anonymity-enhancing crypto are banned under the Emirate's new regulations for digital assets.
続きを読む »
Cointelegraph launches the Top 100 list of crypto heroes and villains, 2023 editionIt's that time of year! We've officially launched our Top 100 list of the most influential people or projects in crypto from 2022, and those poised to make a splash in 2023. This is how it works.
続きを読む »
Crypto Council for Innovation GC to testify at US Senate 'crypto crash' hearingThe U.S. Senate Banking Committee has announced three witnesses for its Feb. 14 hearing titled ‘Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets’.
続きを読む »
Proposed Israeli law to classify crypto as securities will hurt the industry, says crypto execIsrael's regulators proposed classifying crypto as securities, but what would be the impact on the industry? According to Altshuler Shaham Horizon's CEO “you cannot classify all the digital assets as securities because it will kill the industry.”
続きを読む »
Crypto Markets Analysis: Crypto Trades Lower as Regulatory Concerns Trump Encouraging Macro SignsThe announcement that Kraken had agreed to “immediately' end its crypto staking-as-a-service platform for U.S. customers and to pay $30 million to settle SEC charges roiled markets.
続きを読む »
Justin Aversano makes a quantum leap for NFT photography – Cointelegraph MagazineFrom personal tragedy to creative triumph, justinaversano's journey to becoming an NFT photography icon will inspire you to turn your dreams into reality.
続きを読む »