Part 3/8:
The crux of James's argument is centered on the emerging regulations concerning privacy coins. Governments, particularly in Europe, are increasingly recognizing the money laundering risks associated with these cryptocurrencies. In light of this, the European regulatory bodies are moving towards stricter guidelines that could ultimately limit the trading of privacy coins like Dash.
James highlights that policies set by the European Union regarding money laundering will lead to crackdowns on exchanges, especially when it comes to privacy coins. He notes that Binance, a major exchange, has already begun delisting several privacy coins in various European countries—indicating a broader trend across the industry.