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Horizen (ZEN): Navigating Regulatory Changes and Technological Upgrades
Horizen, a blockchain network known for its privacy features, has decided to drop its privacy coin label due to increasing regulatory scrutiny, following similar actions by other cryptocurrency platforms. This move comes amid a broader trend of exchanges like Huobi and Binance delisting or monitoring privacy coins to comply with global regulations.
Horizen (ZEN): Navigating Regulatory Challenges and Upgrades
Horizen, a blockchain network known for its privacy features, is adapting to increasing regulatory scrutiny by dropping its privacy coin label. This move aligns with actions by exchanges like Huobi and Binance, which have delisted or flagged privacy coins due to compliance pressures. Despite these challenges, Horizen is advancing its technological infrastructure with a scheduled node upgrade on June 7, 2023, aimed at enhancing network performance and scalability.
Horizen (ZEN) Faces Regulatory Challenges: What You Need to Know
Horizen, a blockchain network known for its privacy-focused features, is undergoing significant changes in response to global regulatory pressures. The network has decided to drop its privacy coin label, aligning with recent actions by exchanges like Huobi and Binance, which have delisted or flagged privacy coins due to compliance concerns. This move reflects a broader industry trend where privacy-focused cryptocurrencies face increasing scrutiny from regulators worldwide.
Horizen (ZEN) Shifts Focus: Navigating Regulatory Challenges
Horizen, a blockchain network known for its privacy features, has decided to abandon its privacy coin label due to increasing regulatory scrutiny. This move comes as global regulators tighten their stance on privacy-focused cryptocurrencies, leading to delistings on major exchanges like Huobi and potential risks of delisting from Binance.