ShapeShift has resumed support for Zcash shielded transactions, signaling a renewed focus on privacy in cryptocurrency. This follows their shift towards functioning as a decentralized exchange aggregator.
To aid in this endeavor, Zcash Community Grants have allocated 50,000 USD to enhance ShapeShift’s technical capabilities and marketing initiatives, emphasizing their commitment to privacy.
Amid increasing regulatory scrutiny, where the EU is set to restrict privacy tokens by 2027, ShapeShift emphasizes the importance of privacy, enabled through zero-knowledge proofs for secure transactions.
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