Unstoppable Domains and Cake Wallet have introduced .xmr, a special top-level domain for Monero users. The collaboration will allow users to send and receive tokens using human-readable addresses instead of complex wallet addresses. This innovation aims to increase Monero adoption.

.xmr domains offer privacy and security while giving users greater control over their digital identities. However, Monero’s privacy-focused nature has faced regulatory hurdles. Regulations in Europe and other regions restrict the use of privacy-focused tokens like Monero.

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