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Exchange Addresses: A Pragmatic Approach balancing privacy and adoption
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Firo
15 Subscribers
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Published 6 months ago

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.

Keywords
blockchainprivacycryptocurrenciesfinancial privacymicaprivacy coinseu regulations

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