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. Despite these challenges, Horizen continues to develop its network, with a significant node upgrade scheduled for June 7, 2023, aimed at enhancing its infrastructure and capabilities. Additionally, Horizen has gained attention from institutional investors, as evidenced by Grayscale's inclusion of the cryptocurrency in its trusts, alongside Zcash and Stellar Lumens. This strategic pivot and continued development highlight Horizen's adaptability in navigating the evolving regulatory landscape while maintaining its commitment to innovation and growth.
Horizen (ZEN) Shifts Focus: Navigating Regulatory Challenges
September 29, 2025
1 min read
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.