Payment system news

Monero Community Releases Guide For Crypto Exchanges

The Monero Digital Asset Community (XMR) in collaboration with experts from Tari Labs will prepare a guide for the trading platform for working with private cryptocurrency instruments.

So, the head of legal compliance of Tari Labs, Louis Willacey, said that the document will include a wide study of private assets and answer crypto exchanges to the most common questions related to their use for illegal purposes (in particular, in money laundering). The authors agree that private tools carry greater risks, but they can be significantly reduced through enforcement once the necessary compliance mechanisms are in place.

The guide, “Fundamental Factors and Regulation of Privacy-Enhanced Cryptocurrencies,” will be published by Perkins Coie.

Рустам Алиев

Recent Posts

What Stellar’s August 27 Protocol 28 Upgrade Means for XLM Token and Soroban Ecosystem

The upcoming rollout of Protocol 28 is a big deal for Stellar users, aiming to…

2 days ago

Billionaire Jack Dorsey: Bitcoin Could Reach $1 Million By 2030, Here’s Why It’s a Big Deal

The prominent investor has shown its conviction that BTC is set to drive its price…

2 days ago

XRP Price Eyes Upside as Canada’s Top Bank Discloses Two XRP ETF Exposures

XRP price remained relatively stable this week despite trading in the red, while fresh institutional…

2 days ago

SOL Ready to Reclaim $120? Solana’s 19-Month Downtrend Against Bitcoin Close to Reversal, Says Analyst

Solana’s reversal is imminent, an important development for crypto traders looking to capitalize on emerging…

2 days ago

XRP Network Activity Jumps 86% as Exchange Activity Collapses 96%, Hinting at a Market Bottom

XRP traded mostly sideways on Friday after a volatile stretch across the crypto market that…

3 days ago

XRP Millionaire Wallets Rise As Market Cap Drops 29%, Hinting At Quiet Whale Accumulation

XRP traded in a narrow range on Thursday as traders focused on on-chain signals suggesting…

3 days ago