Dubai Forbids Operations With Monero, Zcash, and Other Privacy Coins

Dubai Forbids Operations With Monero, Zcash, and Other Privacy Coins

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Dubai’s Virtual Assets Regulatory Authority (VARA) prohibited all activities involving privacy coins such as Monero (XMR) and Zcash (ZEC). The regulator has also enforced certain rules on the domestic cryptocurrency sector to turn the city into an “international hub for virtual assets.” Dubai’s…

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