Horizen, a blockchain network known for its privacy features, has decided to drop its privacy coin label in response to increasing global regulatory scrutiny. This move aligns with the broader trend of exchanges like Huobi and Binance reconsidering their support for privacy coins to comply with regulations. Despite these challenges, Horizen is advancing its technological capabilities with a scheduled node upgrade on June 7, 2023, which aims to enhance network performance and security.
In the investment landscape, Horizen has caught the attention of Grayscale, which has added exposure to Horizen in its trusts alongside other cryptocurrencies like Zcash and Stellar Lumens. This inclusion reflects growing institutional interest in Horizen despite regulatory hurdles. Additionally, recent protocol upgrades and partnerships have contributed to a notable rally in Horizen's market performance, highlighting its potential to adapt and thrive in a rapidly evolving crypto environment.
Horizen (ZEN) Shifts Strategy Amid Regulatory Changes
October 08, 2025
1 min read
Horizen, a blockchain network known for its privacy features, has decided to drop its privacy coin label in response to increasing global regulatory scrutiny. This move aligns with the broader trend of exchanges like Huobi and Binance reconsidering their support for privacy coins to comply with regulations. Despite these challenges, Horizen is advancing its technological capabilities with a scheduled node upgrade on June 7, 2023, which aims to enhance network performance and security.