Dubai Takes a Stand Against Privacy Coins with Ban on Anonymity-Enhancing Crypto
Dubai's virtual asset authority has prohibited the use of privacy coins such as Monero (XMR) and ZCash (ZEC), as well as any activities related to the coins. According to the new set of crypto regulations, "The issuance...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to the new set of crypto regulations,
"The issuance of Anonymity-Enhanced Cryptocurrencies and all VA Activity[ies] related to them are prohibited in the Emirate."
The regulator defines these "Anonymity-Enhanced Cryptocurrencies" as...
Read More: Dubai Takes a Stand Against Privacy Coins with Ban on Anonymity-Enhancing Crypto
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
TOKEN2049 Takeaways: Stablecoins, Asset Tokenization, and AI Payments
Every crypto conference brings a wave of new partnerships, products, and concepts. After scrolling through the latest updates, you...
Russia’s Central Bank Authorizes Sberbank to Exchange Cryptocurrencies
Bitcoin Magazine Russia’s Central Bank Authorizes Sberbank to Exchange Cryptocurrencies Russia’s central bank has added Sberbank t...
Standard Chartered Debuts Bitcoin Trading For Wealthy UAE Clients
Bitcoin Magazine Standard Chartered Debuts Bitcoin Trading For Wealthy UAE Clients British multinational Standard Chartered on Wed...
Standard Chartered Launched UAE Crypto Trading
Standard Chartered launched a crypto trading service in the UAE on 14 October, allowing eligible Professional Investor clients to...
Coinbase Joins 4-Day Crackdown on West Africa Crypto Scams and Asset Freezes
Key Takeaways: Coinbase participated in a four-day assault of scam networks in West Africa in London. Its Global Intelligence team...
Standard Chartered Brings Bitcoin Trading and Custody to Affluent UAE Clients
On Wednesday, the banking giant managing nearly $1 trillion in assets, Standard Chartered, revealed it is making new moves inroads...