In Mr. Yu Xian's words, I saw a very sensitive currency, which is $XMR, the originator of "privacy". When http://Tornado.cash was blocked, many friends thought it was an invasion of decentralization by centralization, and when many exchanges delisted XMR, they thought it was an invasion of governmentism by non-governmentism. But it turns out that too perfect privacy will increase the complexity of the black forest.
Although the front end of Tornado has been shut down, the protocol end can still be used, so many exchanges, including#Binance#OKX and most other exchanges, will block addresses related to the Tornado protocol end in order to reduce malicious activities on the chain. But in fact, it is still quite difficult. There are still exchanges without KYC, and there are also many OTC merchants that do not require KYC. Only when the stick hits yourself will you know the pain.
This is also why it is the right thing to advocate regulation at this stage. When technological levels cannot keep up with moral constraints, the law is the best means of defense.
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