Dubai Just Banned Privacy Coins! 🚨
The Dubai Financial Services Authority (DFSA) is cracking down hard, banning $ZEC and $XMR effective January 12, 2026. This move aligns with global FATF standards, targeting money laundering risks inherent in transaction-obscuring tech. They are also tightening the screws on stablecoins, demanding full backing by quality assets and explicitly excluding algorithmic types for stability. This is a massive regulatory shift.
#CryptoRegulation #DFSA #PrivacyCoins

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