Key Points
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Many major crypto insiders are bullish on privacy coins lately.
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Zcash’s regulatory risks are lower than before, but still substantial.
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It’s probably the case that privacy coins like Zcash and Monero will steal some capital share from Bitcoin.
Barry Silbert is the founder of Digital Currency Group, which owns Grayscale, one of the largest crypto asset managers. The crypto industry heavyweight declared on X (formerly Twitter) on May 24 that crypto’s “privacy era” has begun.
That’s a bold claim from a powerful industry insider with a direct stake; Grayscale recently filed with the Securities and Exchange Commission (SEC) to convert its Zcash(CRYPTO: ZEC) Trust into the first U.S. spot exchange-traded fund (ETF) for a privacy coin.
Will…
