Nov 25, 2020 at 13:35
News
Privacy Coins to Be De-Anonymized: Monero Is to Fall First
Privacy coins have been the lasting concern of the governments and financial authorities. Their enhanced anonymity features allow to use the coins for illegal purposes such as tax evasion, money-laundering, terrorism financing, drug trading, cryptojacking, etc.
Sep 12, 2020 at 08:18
News
US Tax Service is Willing to Pay for Cracking Monero
As privacy coins such as Monero are widely used for illegal purposes, financial regulators and watchdogs seek ways to de-anonymize them. Now, the United States Internal Revenue Service (IRS), is going to pay for cracking Monero (XMR).
Jul 27, 2020 at 12:08
News
Cryptocurrency Exchanges Delist Monero Due to Its Criminal Reputation
Monero cryptocurrency offers its users enhanced anonymity features. However, this feature is favourable not only to ordinary traders but also to criminals taking advantage of the coin for illegal purposes. This makes some cryptocurrency exchanges avoid dealing with the coin.