Japan looks to tighten the security on all of the cryptocurrency exchanges based in their country. In addition, new regulations will ask for stricter anti-money laundering policies, which could put an effective ban on privacy coins on those exchanges.
On this news it does not yet seem that top privacy coins have been effected by today’s Sea of Red anymore than your average coin, so it could mean that investors are remaining confident in them still, or the perceived effect of a Japanese ban on them would have a minor effect on the coin’s overall value and utility.
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