🚨 BREAKING: India Cracks Down on Privacy Coins — Trading Halted Immediately
India has just sent shockwaves through the crypto market. The Financial Intelligence Unit (FIU) has ordered all registered exchanges to immediately suspend trading, deposits, and withdrawals for major privacy coins — including Monero (XMR), Zcash (ZEC), and Dash (DASH).
No transition period.
No warnings.
Just an instant freeze.
The move is part of a broader AML enforcement push, putting assets with strong anonymity features squarely in regulators’ crosshairs. The impact is already being felt: liquidity vanishes, access is cut, and uncertainty spikes overnight.
With one of the largest crypto user bases in the world, India’s actions don’t stay local. Other regulators will be watching closely — and the implications for privacy-focused assets could be significant.
So the big question:
👉 Is this the opening move in a global crackdown on privacy coins — or a localized show of regulatory force?
Stay sharp. This could reshape the narrative fast.
#Crypto #ZEC #PrivacyCoins #Regulation
