Definition ∞ A privacy tokens ban refers to a governmental or regulatory prohibition on the use, trading, or listing of cryptocurrencies designed to obscure transaction details. These tokens, often employing zero-knowledge proofs or mixing services, aim to enhance user anonymity. Regulators typically cite concerns about anti-money laundering and counter-terrorist financing as reasons for such restrictions. This measure limits the availability and utility of privacy-focused digital assets.
Context ∞ The debate surrounding privacy tokens bans is a contentious issue, balancing individual financial privacy against regulatory oversight. Jurisdictions globally are grappling with how to regulate these assets without stifling innovation or compromising national security. The ongoing discussion seeks to establish a global standard for privacy-enhancing technologies within financial systems.
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