Quote from: WooeiiSurArthur on Today at 03:03:18 PM

Cloak coin is a crypto currency allowing anonymity thanks to its mixing function enigma and cloakshield. Impossible to trace a transaction.

Banks should adopt privacy coins to protect their customers[/size]

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On August 3, Coin Center submitted comments to the Office of the Comptroller of the Currency on the digital activities of the National Bank and the Federal Savings Association https://www.coincenter.org/comments-to-the-office-of-the-comptroller-of-the-currency-on-national-bank-and-federal-savings-association-digital-activities/
These comments suggest that banks should embrace privacy exhibits rather than fight them:

"We argue that banks should not only be able to use untrusted mixing technology (cloakcoin) or enhanced cryptography for privacy (zcash / cloak / monero), but that they may be forced to do so in order to protect the privacy of their customers."

I fully agree with your analysis, Cloak coin is still the best major crypto-currency preserving privacy just like Monero but with a different but patented technology. Cloak is really useful but is not very well known that's a fact, maybe with a partnership or specific support then that will change?