Latest PIVX Medium

Ireland Tilts Toward State-Sanctioned Spyware

The Irish government has announced plans to draft new legislation that would officially permit law enforcement agencies to use spyware.

Jim O’Callaghan, the Minister of Justice for Home Affairs and Migration, stated last week that the move is essential for the nation to modernize its “lawful interception powers.” According to O’Callaghan, creating a formal legal basis for the use of “covert surveillance software” is necessary to effectively combat serious crime and evolving security threats.

The law will allow authorities to deploy surveillance software to infiltrate devices. It also allows for the use of electronic scanning equipment designed to pinpoint and record identifier data from mobile devices, enabling them to be tracked to specific geographic areas.

Minister O’Callaghan described the planned legislation as “long overdue,” arguing that the current system needs to keep pace with modern technology. However, recognizing the sensitive nature of these tools, he emphasized that the bill would include “robust legal safeguards to provide continued assurance that the use of such powers is necessary and proportionate.”

Proponents highlight that the bill actually increases judicial control. Currently, the Minister can sign warrants, but the new bill moves this power to the courts, requiring a judge to verify that the surveillance is necessary.

But on the flip side, one could argue that once the state has a legal basis to use spyware, it creates a climate of fear. Even if intended for serious crime, these tools have a global track record of being used against journalists, whistleblowers, and political activists. Furthermore, you cannot break encryption for the police without breaking it for everyone. By forcing companies to cooperate with covert software or creating backdoors, the government creates vulnerabilities that foreign hackers and hostile states will eventually exploit.

History shows that “extraordinary” powers rarely stay that way. The ICCL warns that tools designed for terrorism often “creep” into use for petty crimes or public order offenses once the technology becomes routine.

PIVX. Your Rights. Your Privacy. Your Choice.
To stay on top of PIVX news please visit PIVX.org and Discord.PIVX.org.

Ireland Tilts Toward State-Sanctioned Spyware was originally published in PIVX on Medium, where people are continuing the conversation by highlighting and responding to this story.

PIVX Weekly Pulse (Jan. 23rd, 2026 — Jan. 29th, 2026)

PIVX Weekly Pulse (Jan. 23rd, 2026 — Jan. 29th, 2026)

Your PIVX weekly pulse is here. We’ve broken down the last seven days of market shifts, listings, and community updates into one essential read. Let’s get into it.

Market Pulse

• Privacy Meets Fashion: History has been made in the heart of Nigeria. A boutique store in Lagos has officially become the first in the country to accept PIV. No more middleman fees or prying eyes; just authentic style met with authentic privacy.
• Masternode Count: While the PIVX masternode network has maintained a high level of resilience, we’ve seen a slight shift in the numbers this week. The number of active masternodes dipped from 2,122 to 2,098, with 24 nodes moving offline. This minor contraction likely mirrors the broader ‘risk-off’ sentiment across the crypto market, as some operators may be moving to safeguard their collateral against recent price volatility.

• Price Check: Despite a strong start, PIVX price action succumbed to general market pressures this week. Amidst a bearish environment that saw BTC and ETH drop by roughly 7% and 6% over the last seven days, PIVX traded in a broad range of $0.14 to $0.19. This volatility resulted in a weekly average of $0.1634, marking a 6.89% dip compared to the previous week’s average of $0.1755.

• Trading Buzz: Trading volume followed the general market trend this week, settling at $20.6 million compared to last week’s $58.9 million. While this represents a 65.03% decline in total weekly activity, the underlying liquidity remained robust. Daily volumes exceeded the $2 million mark throughout the period.

PIVX. Your Rights. Your Privacy. Your Choice.
To stay on top of PIVX news please visit PIVX.org and Discord.PIVX.org.

PIVX Weekly Pulse (Jan. 23rd, 2026 — Jan. 29th, 2026) was originally published in PIVX on Medium, where people are continuing the conversation by highlighting and responding to this story.

PIVX at 10: A Decade of Decrypting Freedom

Ten years ago, on January 30, 2016, a silent revolution was hard-coded into the genesis block of a project then known as Darknet (DNET). It didn’t launch with a flashy Silicon Valley ICO or a billionaire’s tweet. But it held a promise to make financial privacy not just an option, but a human right.

Today, as PIVX celebrates its 10th anniversary, it stands as a rare survivor of many crypto cycles, bull run, and bear markets. We trace the timeline of a decade of decrypting freedom.

2016: The Silent Birth

The revolution didn’t start in a boardroom; it began on January 30, 2016, with the launch of Darknet (DNET). Forked from Dash, it was built by visionaries who believed that anonymity was being diluted. With a fair launch and no pre-mine, the power was handed to the community from day one.

Although the first block was mined using Proof-of-Work (PoW) consensus, the project quickly transitioned to Proof-of-Stake (PoS) in August of the same year. It is worth mentioning that the first budget superblock payout occurred on April 3, 2016, activating PIVX’s decentralized governance and self-funding mechanism.

2017: Painting the World Purple

As the project matured, it shed its “DNET” moniker and rebranded to PIVX. This era saw the introduction of the iconic purple branding and the PIVX Manifesto, which declared privacy a non-negotiable human right.

By June, PIVX set the pace by becoming the first PoS blockchain to enable fully anonymous transactions following the implementation of the Zerocoin protocol. The first zPIV was minted and spent on testnet, effectively cutting the digital paper trail.

2018: Pioneer of Private Staking

Another major first for PIVX was the launch of zerocoin proof of stake (zPoS). This was enabled in May 2018. For the first time, users could earn rewards while remaining completely anonymous through zPoS.

Barely three months later, the network hit another milestone. More than 10 million PIV had been anonymized via the zerocoin protocol. PIVX was eventually recognized as a pioneer in privacy-centric PoS tech. Meanwhile, advanced testing was underway for a decentralized exchange feature.

2019: The Trial by Fire

This was the year PIVX proved its resilience. Following the departure of the founder and two lead developers, the network faced its greatest technical challenge. In early March, the team detected “Wrapped Serials” exploit activity. Within days, the exploit was publicly confirmed, and zPIV functionality was disabled network-wide via spork.

While a subsequent libzerocoin vulnerability was disclosed in April, PIVX remained unaffected because of its swift response. This crisis became a catalyst. The team accelerated research into zk-SNARKs, releasing conversion tools to move users from zPIV back to PIV and laying the bedrock for what would eventually become SHIELD.

2020: The Road to SHIELD

While the world went into lockdown, PIVX entered an intense R&D phase. In February, the “Road to 5.0” was announced, a bold commitment to be the first PoS chain to implement zk-SNARKs (Sapling).

The year was a flurry of breakthroughs: Cold Staking was fully activated in January, allowing secure, non-custodial earning. By August, the team had Sapling running on regtest, and by November, they completed the first-ever shielded-to-shielded transaction on a PoS network. It was a foundational year of gutting the obsolete Zerocoin code to build a modern cryptographic fortress.

2021: The Dawn of SHIELD

On its 5th anniversary, PIVX unleashed its masterpiece. On January 30, 2021, at block 2,700,500, the SHIELD protocol was activated via a hard fork. This moved PIVX into the “Zero-Knowledge” era, giving users the ability to send fast and fully shielded transactions.

No longer did users have to “mint” specific denominations of coins; instead, they could send any amount, including decimals, with total invisibility. SHIELD became the ultimate tool for financial data protection, hiding the sender, the receiver, and the transaction value from the public blockchain.

2022: Governance at Your Fingertips

To ensure the DAO remained truly democratic, PIVX introduced a dedicated Governance Tab directly into the core wallet. This transformed blockchain voting into a simple, visual interface, allowing any Masternode owner to view and vote on community proposals with a single click, further decentralizing the project’s future.

2023: The New Economic Engine

PIVX released its updated Economics Whitepaper in January 2023, restructuring rewards to fuel long-term growth. The new block distribution allocated 6 PIV to Masternodes, 4 PIV to Stakers, and increased the Treasury allocation to fund a new decade of innovation. This ensured the network remained both secure and self-sustaining.

Utility also took a leap forward this year with the launch of PIVCards. The service provided a bridge between digital privacy and real-world spending, allowing users to buy gift cards for countless brands like Amazon, Netflix, and Steam without needing an account or sharing personal info.

2024: Compliance Without Compromise

As global regulations intensified, PIVX v5.6 introduced a masterstroke of pragmatism: Exchange Addresses. This new address type allowed centralized exchanges to remain compliant by restricting incoming shielded transactions. It was a bridge between the world of radical privacy and the world of traditional finance, ensuring PIVX remained liquid and accessible to the public.

Furthermore, the introduction of Shielded UTXO Locking brought full feature parity to the wallet. Users could now “lock” their private funds just as easily as their transparent ones, preventing accidental spends and providing granular control over their holdings.

2025: Global Outreach and the Vector Era

PIVX evolved its community strategy with the launch of the Global Ambassador Program. The program was so popular that the team had to close applications within 48 hours, resulting in a tier of “Advocates” who localized the PIVX message through meetups and merchant outreach across the globe.

On the technical horizon, the most talked-about release was Vector, a brainchild of devs from PIVX Labs. Originally unveiled as Chatstr, Vector is a privacy-centric messaging app that bridges the PIVX and Nostr ecosystems. It introduces a paradigm where your PIVX wallet is your identity, enabling encrypted communication and a future intended to compete with mainstream platforms like Telegram.

Conclusion

From the experimental days of Darknet to the sophisticated, zero-knowledge architecture of SHIELD, the mission remains unchanged: to give individuals the keys to their own financial destiny. PIVX has survived a decade by refusing to compromise, adapting to regulation without sacrificing its soul, and prioritizing the community over the corporation.

The next ten years will undoubtedly bring new challenges, but the foundation is unshakeable. Whether through localized grassroots advocacy or cutting-edge cryptographic breakthroughs, PIVX continues to lead the charge. The genesis block may have been mined in 2016, but the era of true financial freedom is only just beginning.

PIVX. Your Rights. Your Privacy. Your Choice.
To stay on top of PIVX news please visit PIVX.org and Discord.PIVX.org.

PIVX at 10: A Decade of Decrypting Freedom was originally published in PIVX on Medium, where people are continuing the conversation by highlighting and responding to this story.

How the PIVX Treasury Works

It’s no secret that many blockchain projects rely on a centralized foundation or a small group of lead developers to decide where funding goes. PIVX, however, operates as a Decentralized Autonomous Organization (DAO), and central to this autonomy is the PIVX Treasury.

The PIVX Treasury is a self-funding mechanism that ensures the project doesn’t have to rely on venture capital, ICOs, or “charity” to survive. In this article, I’ll work you through all you need to know about the Treasury.

Where the Money Comes From

PIVX does not have a cap on its supply. Instead, the network PIVX utilizes a dynamic coin supply model. That said, the Treasury is not a pre-mined pot of gold; rather, it is fueled by the blockchain’s emission schedule.

Every time a new block is “minted” (roughly every 60 seconds), a specific amount of PIV is created. As of 2026, the standard reward distribution for a single block is 4 PIV to stakers for securing the network, 6 PIV to masternode operators for governance, and 10 PIV is “allocated” to the treasury.

While staker and masternode rewards are minted instantly, the 10 PIV treasury allocation is not created immediately. It is simply “available” to be minted if the community votes for a proposal. If no proposals are passed, those coins are never created.

The Power of the Masternode

The Treasury is a democracy, but it is one where the “voters” are those with a significant stake in the network’s health. To vote on how the Treasury funds are spent, one must operate a masternode.

A Masternode requires a locked collateral of 10,000 PIV. Each Masternode equals one vote. This ensures that the people making financial decisions are heavily incentivized to act in the best interest of the coin’s value and longevity. Because anyone with 10,000 PIV can set up a node, the power is spread across hundreds of individual owners globally rather than a single board of directors.

The Lifecycle of a Proposal

The Treasury operates on a monthly cycle, culminating in an event known as the Superblock.

Step 1: Submission

Anyone, from a lead developer to a community member, can submit a proposal to the network. To prevent “proposal spam,” the network requires a submission fee of 50 PIV, which is permanently burned (destroyed).

Step 2: Debate and Voting

Proposals are usually published on the community forum or discussed in the PIVX Discord. Masternode owners use their PIVX Core wallets or the MyPIVXWallet to cast “Yes,” “No,” or “Abstain” votes.

Step 3: The Superblock

Every 43,200 blocks (approximately 30 days), the blockchain looks at all active proposals. A proposal “passes” if it receives a net total of positive votes exceeding 10% of the total Masternode count. If the proposal passes, the network automatically creates a Superblock.

The Superblock contains the total amount of PIV requested by the winning proposals. The PIV is sent directly from the blockchain to the proposer’s address. There is no middleman.

It is worth mentioning again that the treasure has a “use it” or “lose it” nature. So, if the community only votes to spend 10,000 PIV, the remaining 33,200 PIV are never minted. All transaction fees on the network are burned, and unused treasury allocations are skipped. This creates a counterbalance to inflation, ensuring that the PIVX economy remains stable over decades.

PIVX. Your Rights. Your Privacy. Your Choice.
To stay on top of PIVX news please visit PIVX.org and Discord.PIVX.org.

How the PIVX Treasury Works was originally published in PIVX on Medium, where people are continuing the conversation by highlighting and responding to this story.

PIVX Weekly Pulse (Jan. 16th, 2026 — Jan. 22nd, 2026)

PIVX Weekly Pulse (Jan. 16th, 2026 — Jan. 22nd, 2026)

Welcome to your weekly PIVX ecosystem report. We’ve distilled the last seven days into a quick-read briefing on market shifts and technical updates to keep you at the forefront of all things PIVX.

Market Pulse

• Masternode Count: The PIVX masternode network has continued to show remarkable consistency over the last couple of weeks. The number of active masternodes adjusted slightly to 2,122, with just a single node going offline over the past week.

• Price Check: PIVX saw a significant surge in market momentum this week as price action broke out of its previous range. With Daily USD Values ranging from $0.16 to $0.19, the weekly average reached $0.1755. This represents a substantial 29.42% climb compared to last week’s $0.1356.

• Trading Buzz: There was a major bump in trading activity this week, with the total weekly volume reaching $58.9 million. Comparatively, last week saw a total volume of $24.7M, suggesting a rise in market activity and liquidity over the seven-day period.

PIVX. Your Rights. Your Privacy. Your Choice.
To stay on top of PIVX news please visit PIVX.org and Discord.PIVX.org.

PIVX Weekly Pulse (Jan. 16th, 2026 — Jan. 22nd, 2026) was originally published in PIVX on Medium, where people are continuing the conversation by highlighting and responding to this story.

“Africa is the Biggest Emerging Continent for Crypto,” PIVX’s Lead Business Dev Says

As we move through 2026, the conversation around cryptocurrency has shifted from “if” privacy is needed to “how” it can be implemented responsibly. In this exclusive interview, we caught up with PIVX’s Business Development Lead, Jeffrey. He shares his unique perspective on the power of grassroots ambassador programs, the emerging role of Africa as a crypto powerhouse, and why configurable privacy is a trend to watch out for.

PIVX relaunched its Ambassadors Program last year. How has this grassroots expansion changed the way PIVX approaches business development compared to traditional VC-backed projects?

This has actually been an interesting topic with our partners, many of whom are inspired by our ambassador program and have reached out for help to set up their own. As we enter Q2 2026, I will be leveraging our ambassadors to collaborate with new and upcoming partners to deepen ties and potentially grow our footprint globally. Having an ambassador program is the best thing, in my opinion, to expand into regions that may need privacy and what PIVX has to offer.

If you could name one “hidden trend” that will define the rest of 2026 for privacy-focused assets, what would it be?

For me, this has to be configurable or optional privacy. Privacy coins have existed in the past. However, they mandated pure anonymity, which conflicts with those who want to display certain things publicly or have the option to provide a viewing key for a specific transaction. PIVX integrated zk-SNARKs (SHIELD) with the freedom of allowing balances or transactions to remain private or transparent. This means users can opt for selective disclosure to maintain compliance where necessary, whilst keeping all balances/transactions private from the public. They can also opt to use transparent transactions should they wish. This setup is the most optimal in today’s world that demands financial privacy whilst also compliance when necessary. Communities around projects like PIVX commonly discuss this approach, praising optional shielding, viewing keys for audits, and programmable privacy as the way to scale adoption without getting delisted or sidelined by strict regulatory environments.

Having travelled to several countries, where do you see the next “crypto capital” emerging in 2026?

I truly believe that Africa is the biggest emerging continent as a whole for crypto growth. South Africa, especially where numerous companies have started accepting crypto natively. It’s estimated that over 10% of the entire population of South Africa is using cryptocurrency, and when you travel there you can easily find major merchants online and in-store to spend your crypto or a wide variety of services and exchanges that assist in acquiring or using cryptocurrency.

As PIVX’s BD Lead, what is the single most important KPI you are tracking this year to measure “success” for the ecosystem?

I’m quite a nerd when it comes to the blockchain. I love to see activity! My favorite KPI then is to see inflows and outflows from new partner services. It shows the PIVX ecosystem is flourishing. For 2026, my focus will be on even more use cases for PIVX.

What has been the biggest challenge in 2025 for getting merchants to accept PIVX directly instead of converting to stablecoins?

This naturally has been payment processors not accepting PIVX. We did form a big partnership with the NOW group, which means that merchants can accept PIVX using NowPayments. However, the goal now is to get us on the top 3 cryptocurrency payment gateways. This will make the adoption of PIVX much smoother.

Is privacy a harder or easier “sell” in 2026 compared to five years ago?

I will be honest. If you are actively reading the news and keeping up with what’s happening in the financial world, you should be drawn to the idea of using privacy-protecting tools and cryptocurrencies like PIVX. Privacy will become the norm for adoption. We have seen countless issues over the past 5 years that make relying on transparent blockchains a liability. Privacy is becoming the norm.

If we sit down again in 2027, what is the one partnership or business milestone you hope to have checked off the list?

I have quite a few in mind. A major one would be a perpetual contract listing on Binance, as well as a USDC pair there. I am also aiming to expand PIVX into more regions where our ambassadors are located, namely the top exchanges in those regions.

PIVX. Your Rights. Your Privacy. Your Choice.
To stay on top of PIVX news please visit PIVX.org and Discord.PIVX.org.

“Africa is the Biggest Emerging Continent for Crypto,” PIVX’s Lead Business Dev Says was originally published in PIVX on Medium, where people are continuing the conversation by highlighting and responding to this story.

How Uganda’s 2026 Election Redefined State Overreach

Trusting the government to protect your fundamental rights to privacy and freedom? Think again!

In the early evening of January 13, 2026, the digital lights went out across Uganda. As the nation prepared for a high-stakes general election, the Uganda Communications Commission (UCC) issued a directive to all telecommunications providers to suspend public internet access. By 6:00 PM, a country of 45 million people was plunged into a state-mandated information vacuum.

While the government framed the blackout as a precautionary intervention to curb misinformation, the reality on the ground told a different story.

The Law as a Weapon

Under President Yoweri Museveni, who has held power since 1986, the Ugandan government has mastered the art of using the law not as a shield for rights, but as a sword against dissent. In the 2026 cycle, we witnessed a three-pronged legal assault on privacy and information.

The UCC invoked broad “national security” mandates to justify the shutdown. Yet, international law, and Uganda’s own Constitution, requires that any restriction on expression be necessary and proportional. By implementing a blanket, indefinite blackout, the state bypassed these tests, essentially declaring that the government’s convenience outweighs the citizens’ constitutional right to access information.

Prior to the total blackout, the government targeted alternative lifelines. Elon Musk’s Starlink was deactivated in early January under the guise of licensing requirements. While regulatory compliance is a standard legal hurdle, the timing suggested a strategic move to eliminate any platform the state could not directly throttle or monitor.

New directives issued just days before the vote banned the live streaming of unlawful processions and violent incidents. By making it a crime to record and share real-time evidence of state-led repression, the government effectively legislated away the public’s right to bear witness.

Perhaps the most egregious aspect of the 2026 shutdown was the preceding campaign of deception. As recently as January 5, the Ministry of ICT publicly dismissed rumours of a blackout as false and misleading. By promising transparency and then delivering a blackout, the state didn’t just violate privacy; it destroyed the fundamental trust required for a functional democracy.

PIVX. Your Rights. Your Privacy. Your Choice.
To stay on top of PIVX news please visit PIVX.org and Discord.PIVX.org.

How Uganda’s 2026 Election Redefined State Overreach was originally published in PIVX on Medium, where people are continuing the conversation by highlighting and responding to this story.

PIVX Weekly Pulse (Jan. 9th, 2026 — Jan. 15th, 2026)

PIVX Weekly Pulse (Jan. 9th, 2026 — Jan. 15th, 2026)

Your PIVX briefing has landed! We’re unpacking this week’s ecosystem news and market shifts to keep you at the forefront of the privacy revolution. Everything you need to know from the last 7 days starts right here.

Market Pulse

• Masternode Count: The PIVX network remains rock solid with the addition of three new masternodes this week. This brings the total number of active masternodes up to 2,123. Meanwhile, over 21% of the total supply is now locked in nodes.

• Price Check: Although recent price action suggests an expansion in market interest, PIVX maintained its sideways trajectory this week. The Daily USD Value fluctuated between $0.13 and $0.15, lifting the weekly average to $0.1356. This marks a 0.89% increase over the previous week’s average of $0.1344.

• Trading Buzz: Despite a sluggish start where volume plunged below the $2.0M benchmark, PIVX saw a robust turnaround towards the end of the week. This late-stage recovery pushed the cumulative volume to $24.7M, a substantial leap over last week’s $16.1M.

Exchange Listings

• PIVX Heading to BloFin: BloFin has officially confirmed that they will soon list PIVX on their spot trading markets. Keep an eye on exchange’s official channels and the PIVX socials for the exact “Go-Live” date and pair details.
• Phemex Debuts PIVX/USDT Trading Pair: PIVX has secured a listing on Phemex, officially entering the exchange’s Spot Innovation Zone on January 16. As an industry veteran founded in 2019, Phemex brings institutional-grade infrastructure and a massive reach of over 10 million users to the PIVX ecosystem.

PIVX. Your Rights. Your Privacy. Your Choice.
To stay on top of PIVX news please visit PIVX.org and Discord.PIVX.org.

PIVX Weekly Pulse (Jan. 9th, 2026 — Jan. 15th, 2026) was originally published in PIVX on Medium, where people are continuing the conversation by highlighting and responding to this story.

An Open Letter to All Privacy Builders, In light of recent ZCash developments …

An Open Letter to All Privacy Builders, In light of recent ZCash developments …

To Our Fellow Privacy Builders,

PIVX was founded in 2016 with no premine, no ICO, and no venture capital — by design. We operate as a Decentralized Autonomous Organization. There is no CEO, no board that can alter employment terms, and no single company that owns the project. Developers organize themselves, make their own decisions, and answer to the mission itself. When conflicts arise, the community decides the path forward — with privacy and PIVX as the focus, first and foremost.

PIVX is driven by community and governance through masternode voting, a culture of autonomy and meritocracy, and real opportunity to shape protocol direction. Our roadmap includes deterministic masternodes, Halo integration, and expanded zk-SNARKs functionality. We’re already listed on many exchanges with strong market maker support. We are proud of the infrastructure we have developed.

We recognize that crossroads are important moments. Alliances and a merging of vision can be powerful.

We understand that privacy promoting projects are not only about technology, they also depend on governance, autonomy, and the ability to execute a mission. Defending values and beliefs requires integrity, courage and conviction.

At PIVX, we respect technical alliances and partnerships. PIVX’s SHIELD protocol is built on the Sapling technology ZCash’s team pioneered. In January 2021, we became the first project to implement zk-SNARKs Sapling on Proof of Stake — and five years later, PIVX remains stable and continues to advance privacy in cryptocurrency.

PIVX is a home for those who want to make the world a better place, and we are always open to new discussions. Confidential conversations and exploratory dialogue are welcome. This is an open invitation, not a sales pitch.

With respect and solidarity,
The PIVX Community

Confidential inquiries: Jeffrey@PIVX.org

PIVX. Your Rights. Your Privacy. Your Choice.
To stay on top of PIVX news please visit PIVX.org and Discord.PIVX.org.

An Open Letter to All Privacy Builders, In light of recent ZCash developments … was originally published in PIVX on Medium, where people are continuing the conversation by highlighting and responding to this story.

DFSA Bans Privacy Tokens and Overhauls Stablecoin Rules

The Dubai Financial Services Authority (DFSA) has officially prohibited the use of privacy-focused cryptocurrencies and implemented rigorous new standards for stablecoins within its International Financial Centre.

For years, Dubai has been the North Star for crypto enthusiasts, an oasis of innovation where digital assets were welcomed with open arms. But as of January 12, 2026, the golden gates have swung shut on privacy coins.

This ban effectively outlaws privacy-centric tokens like Monero and Zcash, which were designed to protect user identities and transaction histories. The DFSA believes that the core features of these assets are fundamentally at odds with international standards for anti-money laundering and the prevention of terrorism financing.

The ban also makes it illegal for regulated firms to facilitate trades, provide custody services, or market these assets within the free zone. Furthermore, it extends to other privacy tools, strictly forbidding the use of mixers, tumblers, and services designed to obscure the digital paper trail.

In addition to the crackdown on private tokens, the DFSA has introduced a new “Policy Statement on Fiat Crypto Tokens” to tighten the definition and oversight of stablecoins. Under these new rules, an asset is only recognized as a legitimate fiat crypto token if it is pegged to a fiat currency and backed 1:1 by high-quality, liquid reserve assets.

This shift effectively sidelines algorithmic stablecoins. While they are not explicitly banned, they have been stripped of their stablecoin status and reclassified as high-risk crypto tokens, subjecting them to much more stringent suitability requirements and oversight.

A significant structural change in this reset is the removal of the “Recognized Crypto Tokens” list. Previously, firms relied on a pre-approved registry from the regulator to determine which assets were safe to trade. Now, the DFSA has shifted to a principles-based model where the burden of proof lies with the companies themselves.

Firms must now perform and document their own comprehensive due diligence to ensure that any token they handle does not possess hidden anonymity-enhancing features or violate the new transparency mandates.

PIVX. Your Rights. Your Privacy. Your Choice.
To stay on top of PIVX news please visit PIVX.org and Discord.PIVX.org.

DFSA Bans Privacy Tokens and Overhauls Stablecoin Rules was originally published in PIVX on Medium, where people are continuing the conversation by highlighting and responding to this story.