Here’s why privacy coins Monero and Zcash are thriving in a volatile crypto market
Privacy coins such as Monero (XMR) and Zcash (ZEC) are among the tokens trading in the green at press time on Wednesday as the broader cryptocurrency market faces the heat of renewed tariff discussions between the world’s two largest economies. The short-term catalysts helping Monero and Zcash hold their ground are the $14 billion in Bitcoin seized by the US Department of Justice and Japan’s efforts to ban crypto-related insider trading.
Crypto regulations oversight tightens from the East and the West
The US Department of Justice has achieved what’s being called the largest crypto seizure ever, of 127,271 Bitcoin, in a case against Chen Zhi, founder of Prince Group in Cambodia. Zhi, a UK and Cambodian national, was indicted for…
