Dash activated shielded pools based on Zcash's Orchard cryptography on its Evolution chain. A few weeks ago, a bug was detected in Orchard that triggered a 50% collapse in the price of ZEC, Zcash's coin. DASH rose just 0.2% following the announcement, with a market cap of approximately $431 million.
Chinese judicial authorities are zeroing in on privacy coins and mixers.
DASH remained range-bound despite strong buying volume and a sharp recovery from support.
Dash has begun evaluating the Philippines as a possible destination for its crypto payments business, while placing regulatory compliance at the center of any potential expansion plans.
EU crypto users and players are set of double regulatory pressure by next year.
Big boys in the privacy token field are getting crushed in the Philippines despite the country's high adoption rate.
The Philippines has introduced stricter crypto listing standards requiring licensed exchanges to conduct deeper due diligence and continuous monitoring of digital assets. At the same time, regulators prohibited privacy-focused cryptocurrencies such as Monero and Zcash from local compliant platforms.
Philippines issues stricter crypto listing rules for VASPs, banning privacy coins and requiring stronger token reviews.
The Philippines' central bank has tightened crypto oversight with new rules governing how exchanges assess and monitor digital assets.
BSP bars privacy virtual assets and enforces six-pillar token listing framework for all VASPs.
The Philippines is tightening cryptocurrency regulations for licensed exchanges, with privacy coins now barred from regulated trading platforms as authorities push for greater transaction transparency and anti-money laundering compliance.
The BSP's ban on privacy tokens tightens crypto regulations, potentially stifling innovation and increasing compliance costs for exchanges. Bangko Sentral ng Pilipinas bars VASPs from listing privacy tokens.