Crypto Regulation Gains Public Support Amid Zcash Privacy Surge and Ongoing Enforcement
Crypto Regulation Gains Public Support Amid Zcash Privacy Surge and Ongoing Enforcement
A recent HarrisX poll reveals significant public and bipartisan support for the CLARITY Act, underscoring a strong appetite for clear cryptocurrency regulation in the US. Simultaneously, privacy-focused cryptocurrency Zcash (ZEC) has seen a remarkable 70% gain in a week, driven by increasing user concerns about AI, quantum computing, and financial surveillance. In related news, US authorities continue their efforts to combat illicit activities within the crypto ecosystem, having secured multiple sentences against individuals for assisting North Korean IT workers.
The poll found 52% of registered voters support the CLARITY Act, with 47% willing to cross party lines for a candidate who backs the bill.
Swyftx’s Pav Hundal says Zcash is surging amid concerns about artificial intelligence, quantum computing and financial surveillance.
The US Justice Department said it recently secured two sentences against men hosting laptops for North Korean workers, marking a total of eight sentences in five months.