🚨INDIA CRACKS DOWN ON PRIVACY COINS
$SOL India’s Financial Intelligence Unit has ordered registered crypto exchanges to immediately halt deposits, withdrawals, and trading of privacy coins.
❌ Affected assets:
• Monero ($XMR)
• Zcash ($ZEC )
The move is part of a broader AML tightening, targeting coins that obscure transaction data and user identities.
📌 Why it matters:
India is signaling zero tolerance for privacy-focused crypto, raising fresh concerns over delistings, liquidity shocks, and the future of anonymous on-chain activity in major markets.
ZEC
293.02
-5.38%
DASH
43.65
-2.15%
SOL
103.71
+2.28%