Exchange Addresses: A Pragmatic Approach balancing privacy and adoption

We delve into the recent discussions surrounding the MiCA regulations and their potential impact on privacy-focused assets like Firo, Monero, and Zcash. We explore the implications of Article 76(3) and the requirement for exchanges to prevent trading of crypto-assets with "inbuilt" anonymization functions, while questioning the distinction between such assets and chains with privacy tools. We are proposing Exchange Addresses. Through the use of EX-addresses (Exchange addresses), exchanges are able to demonstrate to regulators that they are able to see the history of the depositing address.

Weigh in your opinion here: https://forum.firo.org/t/firo-private-transactions-balancing-with-mica-regulations/3010/41

#MiCA #privacycoin #cryptocurrency #privacymatters

Find out more: Website: https://firo.org Forum: https://forum.firo.org/ Telegram: https://t.me/firoorg Discord: https://discord.com/invite/TGZPRbRT3Y ... https://www.youtube.com/watch?v=C0UB6AKfIlA