BREAKING: Dubai Just Banned Privacy Coins DFSA’s new crypto rules are now live: ❌ Monero, Zcash banned ❌ Mixers & tumblers banned ❌ Any transaction-hiding tools banned Stablecoins get tighter rules too: Only fiat-backed tokens with real reserves qualify Algo stables (like Ethena) aren’t banned, just not “stablecoins” anymore Big shift: Firms choose what to list. No regulator-approved list. Dubai’s message: ✅ Innovation welcome ❌ Anonymity not welcome