Gemini crypto exchange adds shielded withdrawals for privacy coin Zcash
“Regulators can get comfortable with privacy-enabling cryptos,” Gemini says. Gemini, a cryptocurrency exchange founded by the Winklevoss twins, aims to improve user privacy with a major privacy token, Zcash (ZEC).Starting Sept. 29, Gemini will support shielded withdrawals of ZEC, which allows users to hide their transaction data.Gemini representatives said that the new feature is the “first time shielded ZEC withdrawals are available on a regulated exchange.” The new option comes in line with Gemini’s mission to strengthen financial privacy and “empower the individual through crypto,”....
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Gemini said adding shielded zcash withdrawals showed regulators could be made to be comfortable with privacy coins.
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