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Can Regulatory Compliance and Privacy Coexist?

  • The divergence between regulatory compliance and privacy raises concerns about reconciling robust regulation with individual financial privacy.
  • Privacy coins like Monero and PIVX employ technologies to obscure transaction details, raising concerns for regulators.
  • Different countries have taken varied stances on privacy coins, with the US intensifying regulatory pressure and the EU implementing a comprehensive regulatory framework.
  • To achieve coexistence, the development of privacy-enhancing technologies, risk-based regulatory approaches, and clear legal frameworks are crucial.

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