Institutions are exploring blockchain settlement, but they cannot move forward without system-level privacy, says ZKsync developer. Privacy tokens bucked the trend to surge in price and popularity during the recent market slump, but most of the discussion has centered on consumer-facing projects like Zcash. At the same time, banks and financial institutions have been exploring zero-knowledge (ZK) systems that enable private transaction flows on blockchains, a technology known for transparency and immutability. As Alex Gluchowski, CEO of Matter Labs, put it, “There is cypherpunk privacy, which is account-level privacy, and then there is institutional privacy, which is system-level privacy. Institutions need full visibility over their own flows while keeping that data private from everyone else.” Read more
Privacy coins surge 80% as Zcash and Dash hit multi-year highs, driven by rotation, halving hype and renewed demand for transaction privacy. Privacy-focused cryptocurrencies have rallied sharply, with sector value up nearly 80% by November 2025. Zcash hit a seven-year high and Dash a three-year peak as traders rotated into privacy assets. Technical breakouts, derivatives positioning and an upcoming Zcash halving fueled the move. Read more
Sixteen years after Bitcoin’s debut, regulators continue to face hurdles in accessing reliable crypto data, with privacy laws complicating efforts. Privacy of data is among the key legal challenges to cross-border cooperation in regulating cryptocurrencies like Bitcoin and stablecoins, according to the G20’s risk watchdog. The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements (BIS), has identified persistent gaps in how governments worldwide regulate the cryptocurrency market. “This inconsistency creates challenges such as regulatory arbitrage, data gaps, and market fragmentation,” the FSB wrote in a 107-page peer review report released on Thursday. Read more