Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Vs Monero - Privacy as the world becomes more dystopian
by
arabspaceship123
on 09/12/2023, 12:03:50 UTC
In America if crypto exchanges want to granted official or regulated status they won't be allowed to use XMR or other privacy coins because govts want to know everything about crypto transactions. If exchanges can't give govts details on transactions they won't be allowed to trade. Did you hear other news?

If it wasn't successful it won't be used. The privacy and anonymity works to its advantage that's why centralised exchanges in America are dropping Monero. They're scared of American regulations so they'll delist but it's going to remain available on decentralised exchanges. It doesn't change anything for privacy but XMR trade volumes aren't going to be high.

Isn't monero getting dropped left and right from exchanges? Guess the "privacy and anonymity" that it offers couldn't work to its advantage huh.

Which american exchanges?