Monero, Zcash, And Dash Prohibited In India Amid Money-Laundering Crackdown

bitcoinist2026-01-24 tarihinde yayınlandı2026-01-24 tarihinde güncellendi

Özet

India's Financial Intelligence Unit (FIU-IND) has prohibited privacy-focused cryptocurrencies Monero (XMR), Zcash (ZEC), and Dash (DASH) in a new anti-money laundering crackdown. The directive orders all registered crypto exchanges in the country to immediately suspend deposits, withdrawals, and trading for these assets, citing their advanced cryptographic features that obscure transaction details and user identities. Regulators argue these privacy tools hinder compliance with KYC and anti-money laundering obligations, posing elevated risks for illicit financing. While the three coins showed short-term price gains following the announcement, they remain significantly down over the past week. This action is part of India's broader regulatory effort, which previously targeted unregistered offshore exchanges.

India’s Financial Intelligence Unit (FIU‐IND) has launched a fresh anti‐money‐laundering crackdown aimed at privacy‐focused cryptocurrencies. The move targets Monero (XMR), Zcash (ZEC), and Dash (DASH), which together represent the largest and most widely used privacy coins globally.

India Tightens Crypto Oversight

Details of the action were shared on Friday by market analyst MartyParty on social media platform X (previously Twitter), who notes that FIU‐IND has issued a directive to crypto exchanges registered in India, instructing them to immediately suspend deposits, withdrawals, and trading activity for Monero, Zcash, and Dash.

At the heart of the regulator’s concerns is the technology underpinning these assets. Privacy coins rely on advanced cryptographic techniques designed to obscure transaction details, wallet balances, and user identities.

Monero uses ring signatures to hide the sender and receiver, Zcash allows shielded transactions that conceal transaction data, and Dash offers optional privacy features.

While these tools are valued by users seeking confidentiality, regulators argue they make it difficult for exchanges to meet know‐your‐customer (KYC) and transaction‐monitoring obligations. The regulator views these features as posing elevated risks related to money laundering, terrorist financing, and sanctions evasion.

The latest directive applies to all cryptocurrency exchanges registed in the country, which currently includes crypto platforms operating in compliance with Indian regulations. They have been instructed to stop supporting the assets, including delisting, blocking all deposits and withdrawals, and disabling any associated trading pairs.

Monero, Zcash, And Dash Show Mixed Market Reaction

The latest action builds on a broader regulatory push by Indian authorities. In October 2025, FIU‐IND ordered internet service providers to block access to 25 offshore crypto exchanges that failed to register.

By contrast, only a handful of exchanges currently remain fully registered and compliant in the country. Binance, Mudrex, Coinbase, CoinSwitch (CoinSwitch Kuber), and ZebPay continue to operate legally in India.

Despite the regulatory pressure, market prices for the targeted privacy coins showed short‐term resilience. Over the past 24 hours, all three assets posted gains after recovering from sharp losses earlier in the week.

Monero was trading at $524 at the time of writing, up 3.5% on the day. Zcash also rebounded modestly, rising 2.2% to trade at $372. Dash recorded the strongest daily performance, jumping 11.6% during the same period.

However, the broader trend remains negative. According to CoinGecko data, Monero, Zcash, and Dash are still down sharply on a weekly basis, with losses of approximately 21%, 8%, and 20% respectively over the past seven days.

The 1D chart shows XMR’s volatility witnessed over the past week, with short-term support at $500. Source: XRMUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com

İlgili Sorular

QWhich specific cryptocurrencies are targeted by India's Financial Intelligence Unit (FIU-IND) in its latest anti-money-laundering crackdown?

AMonero (XMR), Zcash (ZEC), and Dash (DASH).

QWhat is the primary regulatory concern that led to the prohibition of these privacy coins in India?

AThe advanced cryptographic techniques that obscure transaction details, wallet balances, and user identities, making it difficult for exchanges to meet KYC and transaction-monitoring obligations, posing elevated risks for money laundering, terrorist financing, and sanctions evasion.

QWhat actions have Indian crypto exchanges been instructed to take regarding these assets?

AThey have been instructed to immediately suspend deposits, withdrawals, and trading activity, including delisting the coins and disabling any associated trading pairs.

QDespite the ban, what was the short-term market reaction for Monero, Zcash, and Dash?

AAll three assets posted gains over the 24 hours following the news, with Monero up 3.5%, Zcash up 2.2%, and Dash recording the strongest performance with an 11.6% jump.

QWhich major crypto exchanges are named as being fully registered and compliant to operate legally in India?

ABinance, Mudrex, Coinbase, CoinSwitch (CoinSwitch Kuber), and ZebPay.

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HTX.com’a hoş geldiniz! DASH (DASH) satın alma işlemlerini basit ve kullanışlı bir hâle getirdik. Adım adım açıkladığımız rehberimizi takip ederek kripto yolculuğunuza başlayın. 1. Adım: HTX Hesabınızı OluşturunHTX'te ücretsiz bir hesap açmak için e-posta adresinizi veya telefon numaranızı kullanın. Sorunsuzca kaydolun ve tüm özelliklerin kilidini açın. Hesabımı Aç2. Adım: Kripto Satın Al Bölümüne Gidin ve Ödeme Yönteminizi SeçinKredi/Banka Kartı: Visa veya Mastercard'ınızı kullanarak anında DASH (DASH) satın alın.Bakiye: Sorunsuz bir şekilde işlem yapmak için HTX hesap bakiyenizdeki fonları kullanın.Üçüncü Taraflar: Kullanımı kolaylaştırmak için Google Pay ve Apple Pay gibi popüler ödeme yöntemlerini ekledik.P2P: HTX'teki diğer kullanıcılarla doğrudan işlem yapın.Borsa Dışı (OTC): Yatırımcılar için kişiye özel hizmetler ve rekabetçi döviz kurları sunuyoruz.3. Adım: DASH (DASH) Varlıklarınızı SaklayınDASH (DASH) satın aldıktan sonra HTX hesabınızda saklayın. Alternatif olarak, blok zinciri transferi yoluyla başka bir yere gönderebilir veya diğer kripto para birimlerini takas etmek için kullanabilirsiniz.4. Adım: DASH (DASH) Varlıklarınızla İşlem YapınHTX'in spot piyasasında DASH (DASH) ile kolayca işlemler yapın.Hesabınıza erişin, işlem çiftinizi seçin, işlemlerinizi gerçekleştirin ve gerçek zamanlı olarak izleyin. Hem yeni başlayanlar hem de deneyimli yatırımcılar için kullanıcı dostu bir deneyim sunuyoruz.

204 Toplam GörüntülenmeYayınlanma 2024.12.13Güncellenme 2025.03.21

Tartışmalar

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