Dubai bans privacy coins, tightens stablecoin rules•
Privacy crypto ban: Starting
Jan 12, 2026, Monero, Zcash, and other privacy-focused cryptocurrencies are prohibited in Dubai.
•
Stablecoins: Only
fiat-backed assets with highly liquid reserves are recognized.
•
Algorithmic tokens: Not recognized as stablecoins under the new rules.
Dubai’s regulator is clearly drawing a line between traceable digital assets and privacy-focused or uncollateralized tokens, signaling tighter oversight of crypto transactions.
@crypto 🪙