Monero climbs to $545 as FinCEN withdraws privacy rules
- —XMR trades near $545, recovering sharply since August
- —FinCEN withdrew two privacy-restricting crypto rules on October 5
- —The privacy coin sector is drawing capital amid the Zcash hype
Why it matters: FinCEN's withdrawal eases regulatory pressure on privacy coins, potentially drawing capital back into the segment.
Source: BTC-ECHO
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