🔅Privacy Coins and their Legal complexity ⚖️
⚠️ What are privacy coins and are they legal?
Security Tokens effectively hide wallet addresses and transaction details from prying eyes. While they have come under fire from regulators, many Privacy Coins remain legal for individuals to use. However, it's critical to remember that they have the same tax rules and regulations as conventional cryptos. The list of popular privacy coins includes #Monero, #Zcash, #Dash, #Decred, #Horizen, #OasisNetwork, #Beldex and #SecretNetwork introduced as follows:
⚡️$SCRT built on #Cosmos, is among the Top10 Privacy Token and like other "Zero-Knowledge", its transaction activities cannot be tracked or traced due to cryptographic techniques that let someone prove something exists without revealing its real nature...
👉 As a Portfolio Diversification, having at least one solid Privacy Token is a judicious long-term investment, and without too much risk.
⚠️ What are privacy coins and are they legal?
Security Tokens effectively hide wallet addresses and transaction details from prying eyes. While they have come under fire from regulators, many Privacy Coins remain legal for individuals to use. However, it's critical to remember that they have the same tax rules and regulations as conventional cryptos. The list of popular privacy coins includes #Monero, #Zcash, #Dash, #Decred, #Horizen, #OasisNetwork, #Beldex and #SecretNetwork introduced as follows:
⚡️$SCRT built on #Cosmos, is among the Top10 Privacy Token and like other "Zero-Knowledge", its transaction activities cannot be tracked or traced due to cryptographic techniques that let someone prove something exists without revealing its real nature...
👉 As a Portfolio Diversification, having at least one solid Privacy Token is a judicious long-term investment, and without too much risk.