In a major blow to crypto privacy, exchange giant OKX announced it will delist popular coins Monero, Zcash, and Dash in early 2024. Citing “concerns over listing criteria” and likely bowing to mounting regulatory pressure, the move sent shockwaves through the crypto community, raising questions about the future of financial anonymity in the digital age.
India’s simmering tension with cryptocurrencies reached a boiling point as nine offshore exchanges, including Binance and KuCoin, received stern compliance notices on December 27th, 2023. The stark message: register with Indian authorities and comply with anti-money laundering (AML) and counter-financing of terrorism (CFT) regulations, or face immediate website blocking and potential legal action. This aggressive move signals a major escalation in India’s ongoing regulatory battle with the digital asset industry.