🚨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
331.38
-8.62%
DASH
60.47
-7.08%
SOL
118.22
-7.14%