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Privacy Coins Face Existential Threat Amid Regulatory Pinch

  • Monero, Dash and Zcash have slumped since task force guidance
  • Crypto exchanges have begun to delist controversial coins
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The subset of digital assets dubbed privacy coins, which have long delighted libertarians and frustrated law enforcement, are feeling the pinch of a step up in regulation.

Cryptocurrencies such as Monero, Zcash and Dash, which can to varying degrees obfuscate transactions, are making it harder for exchanges and custodians to comply with fresh international guidelines to prevent illicit financing.