FSB Warns Privacy Hinders Crypto Regulation
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Privacy-focused cryptocurrencies may hinder effective regulation and threaten financial stability, the Financial Stability Board warned on October 16. The FSB stated that privacy-enhancing technologies make it harder for authorities to monitor transactions and enforce compliance, and regional US banks show signs of stress, echoing the 2023 banking crisis.
Meanwhile, blockchain platforms Monad and Hyperliquid position themselves as upcoming Binance listings candidates, but DeepSnitch AI could join the ranks unexpectedly. The early-stage platform has…