In fact if they had serious problems with regulators, they would not be traded on centralized exchanges. It would only be possible to buy confidential coins on a decentralized exchange. We heard many times already that all anonymous coins will be banned soon. But as we see they are still available for use.
They're still available for trading, but that doesn't mean it's going to be that way forever. After all, regulators don't like something that goes against KYC and AML laws. Slowly but surely, exchanges are distancing themselves from privacy coins such as Monero and Zcash. Even mainstream investors are pouring their money elsewhere. These days it's all about NFTs, "meme" coins, the metaverse, and AI. You don't see any new privacy-oriented crypto projects anymore.
Gone are the days where developers actually cared about users' privacy. Now it's all about making as much money as possible while keeping mainstream governments happy. Why would Shiba Inu turn into a privacy coin when it could face pressure from the regulators? The "meme" coin is fine just the way it is. If developers still push the "privacy agenda", they will make it optional instead of mandatory for users of the coin. That is to keep everyone happy. We'll see how everything will turn out to be in the long run, especially when competition is pretty stiff in the crypto/Blockchain space. Who knows if SHIBA won't last for long? Just my thoughts
