Horizen, a blockchain network previously known for its privacy coin label, is undergoing significant changes in response to increasing regulatory scrutiny. The network has decided to drop its privacy coin designation, aligning with global regulatory demands and following similar actions by exchanges like Huobi. Additionally, Horizen is preparing for a node upgrade scheduled for June 7, 2023, which is expected to enhance its network capabilities and support its transition strategy.
Despite these regulatory challenges, Horizen continues to attract attention from major investment firms such as Grayscale, which has added Horizen to its investment trusts alongside other altcoins like Zcash and Stellar Lumens. This move indicates a sustained interest in Horizen's potential, even as privacy coins face potential delisting from platforms like Binance. Overall, Horizen's strategic adjustments and ongoing developments highlight its resilience and adaptability in a rapidly evolving crypto landscape.
Horizen (ZEN): Navigating Change in the Crypto Landscape
October 13, 2025
1 min read
Horizen, a blockchain network previously known for its privacy coin label, is undergoing significant changes in response to increasing regulatory scrutiny. The network has decided to drop its privacy coin designation, aligning with global regulatory demands and following similar actions by exchanges like Huobi. Additionally, Horizen is preparing for a node upgrade scheduled for June 7, 2023, which is expected to enhance its network capabilities and support its transition strategy.