The use of private cryptocurrencies like Monero and Zcash, as part of efforts to tighten regulation and combat money laundering.
But the decision raises significant questions: Is it consumer protection or a suppression of digital freedom?
This step could negatively impact innovation and push developers and users towards more decentralized solutions.
Many see the decision as a direct threat to the principle of privacy, one of the most important pillars of blockchain.
Are we witnessing the beginning of crypto centralization or an impending clash between privacy and regulation?