$92,925.00
6.65%$1,752.74
11.16%$2.23
7.39%$612.46
2.67%$147.55
8.01%$0.999925
-0.00%$0.177843
12.13%$0.671141
8.09%$0.24637
0.29%$1,750.49
11.06%$92,694.00
6.44%$21.96
10.22%$14.04
7.24%$2.61
18.52%$9.03
-1.18%$0.266261
5.84%$0.00001364
10.28%$3.06
5.48%$0.179174
6.01%$2,074.91
9.74%$0.999861
-0.01%$360.92
5.00%$84.27
8.07%$18.91
4.38%$4.00
5.08%$4.53
2.15%$0.998982
-0.24%$0.999406
-0.01%$1,747.03
10.77%$0.649769
2.16%$223.17
3.73%$28.47
1.01%$1,851.91
10.24%$0.00000881
13.33%$92,946.00
6.57%$5.79
9.85%$5.20
4.49%$52.11
2.16%$338.17
8.51%$23.68
3.36%$0.913869
7.26%$2.39
6.71%$5.00
4.20%$32.79
0.45%$16.71
6.53%$0.091186
11.26%$1.048
0.04%$1.00
0.00%$0.093879
11.90%$157.04
10.78%$0.693985
4.45%$4.51
2.90%$0.02519857
6.69%$1.17
0.05%$4.32
5.10%$92,445.00
6.37%$0.218731
9.18%$9.11
9.72%$4.23
-0.14%$2.70
3.30%$0.206677
6.87%$0.316304
9.92%$2.76
7.47%$0.626605
0.75%$0.502057
10.07%$1.002
0.38%$0.320099
6.35%$4.07
5.02%$92,884.00
6.61%$10.13
3.50%$0.43708
8.26%$0.81338
15.21%$153.86
7.44%$0.738138
4.84%$1,447.02
7.64%$0.07523
5.63%$1.16
24.61%$0.00001489
20.70%$1.10
6.98%$0.824303
6.94%$1,756.75
11.22%$0.01648312
1.42%$0.67001
5.35%$1,799.62
9.56%$0.551951
17.31%$68.28
2.51%$0.187725
6.37%$3.56
-3.75%$9.25
6.45%$0.677888
16.29%$1.001
0.15%$15.51
8.30%$0.999939
-0.00%$0.089386
7.61%$0.999863
-0.05%$1,969.34
10.85%$3,369.94
-2.29%$1.00
0.04%$613.10
2.66%$92,048.00
6.52%$3,374.01
-2.17%$2.60
15.74%$189.60
7.71%$92,874.00
6.65%$0.0166891
7.31%$0.01511587
6.66%$162.97
8.11%$0.291182
6.87%$3.86
14.48%$0.779158
8.85%$0.187158
10.52%$0.118031
9.73%$1,864.85
11.40%$0.997637
-0.02%$0.674533
6.26%$0.66454
-0.08%$0.00006515
12.71%$0.00000064
4.12%$93,519.00
7.47%$1.003
0.36%$0.390543
5.54%$30.82
6.89%$0.01836223
8.61%$1.11
1.06%$1.85
10.85%$1.99
3.06%$0.0063331
18.19%$0.311173
2.44%$0.455555
8.90%$0.2315
2.70%$3.45
6.47%$0.534664
7.52%$1,827.49
10.84%$16.37
11.05%$0.148663
5.49%$0.548906
5.83%$32.15
2.48%$0.00887233
8.55%$0.998349
0.01%$0.493339
13.20%$0.524603
18.29%$90,063.00
5.27%$0.06714
-1.55%$0.623395
4.88%$92,944.00
6.68%$0.435431
6.00%$0.99999
0.00%$1.66
2.35%$1.30
6.72%$0.999905
-0.01%$0.177596
11.78%$88,321.00
0.00%$1,817.94
10.29%$0.00002195
6.79%$0.659172
15.70%$110.78
0.01%$0.00000043
0.80%$15.02
7.09%$92,656.00
6.61%$1,745.61
10.75%$1.98
-4.22%$5.87
5.61%$0.142439
4.48%$0.04172841
18.88%$1.009
1.02%$1.084
0.00%$3.68
6.82%$2.47
7.18%$6.00
6.27%$0.076972
5.82%$0.00626168
24.83%$0.491437
5.43%$1,753.42
11.17%$42.57
6.68%$0.218587
8.96%$1,749.14
10.99%$0.03950322
5.63%$1,865.74
11.31%$1,753.53
11.36%$0.999366
-0.08%$0.080016
3.16%$0.309781
14.51%$1.00
-0.02%$0.448781
13.22%$21.84
0.10%$0.176624
3.28%$1.002
0.27%$0.00667133
4.65%$0.56145
8.60%$0.00006309
3.34%$0.0040458
4.79%$0.813615
5.21%$0.01722046
0.52%$0.335653
30.50%$0.129989
44.98%$1.002
0.25%$0.999838
0.01%$1,786.94
11.76%$0.03152594
1.34%$0.118094
-0.66%$0.319635
4.80%$92,748.00
6.48%$2.67
6.95%$0.998183
-0.13%$0.140381
0.07%$3.61
5.28%$112.04
6.18%$1.16
6.76%$0.233989
7.89%$0.680281
-4.93%$25.97
6.48%$0.00000138
7.89%$91,538.00
4.96%$1.00
0.07%$1,727.78
10.79%$0.613627
12.00%$0.610692
6.99%$0.270142
16.93%$0.270173
2.31%$21.98
5.17%$3,187.04
-0.00%$0.00043915
5.78%$2.79
1.91%$1,849.05
10.88%$1,752.81
11.18%$0.111396
7.32%$0.184911
5.75%$0.0369765
3.27%$22.01
10.65%$0.499895
4.22%$1,866.32
6.75%$0.01263021
6.59%$0.00277125
12.67%$0.434427
4.59%$0.02882216
3.60%$0.71775
7.90%$14.62
4.93%$0.911073
9.47%$1.00
0.05%$2.88
13.12%$1.00
0.02%$0.987314
6.97%$1,918.00
10.95%$2.21
5.25%$1.14
-1.29%$1,901.76
10.88%$91,332.00
4.81%$1.095
-0.02%Reading
The developers of privacy coin Monero (XMR) and privacy protocol Tari Labs are preparing to publish a guide—in the form of a whitepaper—to let exchanges know how they can list Monero while complying with regulations.
Monero is a cryptocurrency that has a layer of privacy stopping anyone from observing transactions on its blockchain. But while this is good for those who use it, it makes it harder for exchanges to track what’s going on—a legal requirement.
Last week, Coinbase CEO Brian Armstrong said he would like to list Monero but added that the exchange is too concerned with regulators to do so. And with other exchanges in the same boat, the adoption of privacy coins has slowed right down. But, if this whitepaper is successful, it could start to turn things around.
Of course it can satisfy traceability requirements. It is fully compliant with legislation through functionality like viewkeys and tx keys. And that’s not just my opinion, that’s the opinion of a large, well-known law firm who is putting out a guide for exchanges that add Monero.
— Riccardo Spagni (@fluffypony) September 14, 2019
“We believe the whitepaper to be the most comprehensive and authoritative analysis of privacy tokens and related AML concerns to date and are very proud of our involvement in this great effort,” said Louis Willacy, regulatory compliance general counsel at Tari Labs.
The whitepaper is called “The Fundamentals and Regulation of Privacy-Enabling Cryptocurrencies” and will be published by law firm Perkins Coie.
According to Tari, the whitepaper will acknowledge that there are greater risks involved with privacy coins but that these risks can be met with enhanced compliance tools.
The United States Internal Revenue Service (IRS) is seeking tools that it can use to trace privacy-centric cryptocurrency tokens, as well as Layer 2 off-chain transaction protocols such as Bitcoin’s Lightning Network. The agency issued a Request for Information earlier this week for the pilot program initiated by the IRS Criminal Investigations Division. The IRS is seeking an interactive prototype with a graphical interface that will let it cluster together transactions from a user, as well as a...
Willacy added, “While the authors support their findings with exhaustive research and detailed analysis, the whitepaper’s core conclusion is deceptively simple: Regulated financial institutions can comply with AML obligations when supporting privacy tokens. Period.”
So far, Monero has been delisted from five crypto exchanges, including Bithumb and Huobi Korea. But will this whitepaper be enough to bring it back?
Bitcoin isn’t the only cryptocurrency shining bright since the U.S. President Donald Trump slapped “reciprocal” tariffs on nearly every nation this month. Since Trump's Liberation Day on April 2, Solana and Bitcoin have outperformed other major cryptocurrencies, rising 14.5% to $145 and 7% to about $91,100, respectively, according to crypto data provider CoinGecko. Ethereum (-10%), XRP (-12%), and Dogecoin (-1%) have fallen. Solana and Bitcoin have buoyed the broader crypto sector, with the glo...
Bitcoin exchange-traded funds (ETFs) just notched their strongest single-day performance in nearly three months, with institutional money pouring back into the space after weeks of muted flows. On Monday, Bitcoin ETFs collectively recorded $381.3 million in net inflows, their largest daily total since January 30, as per data from UK-based investment management firm Farside Investors. The inflows mark a notable shift after weeks of lukewarm demand, driven by macro uncertainty and tightening liqui...
Coinbase’s Layer 2 network Base’s creator, Jesse Pollak, has defended the platform’s focus on creators, following backlash over an experimental content token drop. “If you are a creator or developer and you want to be the #1 priority, we would love to have you on Base,” Pollak tweeted Monday. Pollak was responding to Pump.fun co-founder Alon Cohen’s criticism, who tweeted Monday, “traders are easily the most important user group in crypto,” not creators or developers. “I love traders, but our...
