Post
Topic
Board Altcoin Discussion
Re: Tornado Cash sanctions as the beginning of the end of privacy coins?
by
Xal0lex
on 30/08/2022, 19:36:06 UTC
Does that mean that all the privacy coins will be banned and regulated? Even those having own no KYC decentralized exchanges, like Crypton?

Almost everything in the crypto industry is regulated now, not just private coins. Private coins have been subject to delisting for several years now, since 2018. Since that time, the crypto industry has been heavily regulated and regularly banned. This will continue to evolve. Cryptocurrencies are being used on an increasing scale in today's world. No one but crypto users want privacy and anonymity. Therefore, states will promote everything private and anonymous by regulating these areas or replacing them completely with centralized and transparent counterparts, such as CBDC. It is suspected that cryptocurrencies in 10-15 years will be completely regulated.