🚨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
343.72
-5.14%
DASH
58.93
-8.32%
SOL
121.76
-4.13%