2026-01-13 15:29:12

Dubai's regulatory authority DFSA has issued a major decision, officially banning privacy coins and related anonymizing tools from circulation locally. This policy adjustment marks another shift in Middle Eastern financial regulation—enhancing transaction transparency has become the new direction.

The logic behind this move is clear: in the context of anti-money laundering and combating illegal financing, privacy coins have long been controversial due to their anonymity features. DFSA's ban also covers certain stablecoins, further tightening the control over on-chain assets.

What does this mean for traders? While embracing cryptocurrencies, the global mainstream regulatory trend is leaning towards a "traceable and regulatable" compliant approach. No matter which region you trade in, staying informed about local policy changes has become a must.

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ResearchChadButBroke

· 16h ago

Dubai has started clearing out again, and privacy coins are gone. To be honest, I understand this move; anti-money laundering rhetoric is used worldwide, but the real logic is to lock down everything on the chain. Being traceable and regulatable sounds good, but in reality, it just means your money is fully transparent. Still following the compliance route, haha, in the end, everyone has to bow and scrape.

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0xLostKey

· 16h ago

They're banning privacy coins again. Dubai seems to want to kill all anonymity. I'm starting to feel a bit sorry for Monero. Is there still a way out? Compliance really requires understanding each region thoroughly. It's so exhausting. The compliance route is the general trend, but it feels like the restrictions are too heavy. Privacy coins have always been controversial; it's not surprising if they get banned... but from now on, we need to be more cautious.

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MeaninglessApe