The more it gets banned, the more it rises? Uncovering the black and white truth behind XMR's surgeArticle by: Frank, PANews
XMR (Monero), one of the representative projects in the privacy track, hit a new all-time high on January 13, with spot prices surpassing $690, reigniting market discussions about privacy coins.
Since January 2025, nearly a year ago, XMR has surged from around $200, with a maximum increase of 262%. In the current environment where mainstream altcoins are generally weak, such a rise is extremely rare. What’s more intriguing is that this rally occurred against the backdrop of unprecedented global regulatory tightening.
Due to compliance pressures, major centralized exchanges like Binance have long delisted spot trading for XMR. On January 12, the Dubai Virtual Assets Regulatory Authority (VARA) officially announced a ban on the trading and custody of privacy tokens throughout Dubai and within free zones. However, this ban
TechubNews·01-14 07:00