BREAKING

It’s official, privacy coins like $XMR (monero) or platforms like tornado cash are now ILLEGAL in france. pic.twitter.com/mWPEfAGekj

— Crypto Beast (@cryptobeastreal) May 4, 2025

The End of Anonymity: France’s Regulatory Shift

Privacy coins have long posed a unique challenge to regulators due to their ability to obscure transaction data and user identities—features that appeal to privacy advocates but raise concerns among law enforcement and financial oversight bodies. France’s latest decision is aimed squarely at curbing these concerns, effectively outlawing the use, trade, and facilitation of cryptocurrencies and platforms designed to mask financial flows.

Monero, one of the most prominent privacy coins, utilizes ring signatures and stealth addresses to shield transaction origins, amounts, and recipients. Tornado Cash, meanwhile, is an Ethereum-based protocol that allows users to mix tokens to break transactional links, further enhancing anonymity. Both have come under heavy scrutiny in recent years, and France’s move echoes growing global sentiment that such privacy-enabling tools conflict with anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks.

Legislative Justification and Market Implications

The French government’s decision is understood to be driven by a desire to align more closely with the Financial Action Task Force (FATF) guidelines, which recommend strict oversight of virtual assets that impede traceability. French lawmakers have argued that total anonymity in financial transactions poses an unmanageable risk in combating illicit finance, tax evasion, and cybercrime.

The ban places France among the most restrictive European jurisdictions regarding privacy-enhancing crypto technologies, potentially pressuring other EU member states to adopt similar policies as the bloc finalizes its MiCA (Markets in Crypto-Assets) regulatory framework. This could significantly hinder the adoption and utility of privacy coins within regulated financial environments.

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Global Context and Future Ramifications

France’s prohibition follows earlier moves by U.S. authorities, who sanctioned Tornado Cash in 2022 over allegations that it had facilitated billions in money laundering activities, including for state-sponsored hacking groups like North Korea’s Lazarus Group. With France now joining the list of nations outlawing such platforms, a wider international crackdown could be imminent.

For privacy-focused crypto developers and advocates, the challenge moving forward will be navigating a world increasingly hostile to anonymity. While privacy remains a fundamental tenet for many in the blockchain space, regulatory tolerance for untraceable digital transactions is waning rapidly.

As Crypto Beast noted in their post, the ban is now official. For privacy coins and protocols, the clock may be ticking—not just in France, but globally—as regulators intensify efforts to bring every corner of the digital asset landscape under watchful scrutiny.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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If you’re looking for the latter, it’s time to start considering cryptocurrencies with the potential to blow up in the next few months. While the term “cryptocurrency to blow next” has become a catchphrase for individuals looking to shell projects on the Reddit crypto forum and other crypto-related spaces, you shouldn’t lose hope in it completely.

The cryptocurrencies with the ‘potential’ to blow next are leaders Monero and LooksRare token and newcomer PrivaCrip (PRCR). That said, it is still important to do your research and ensure you’re satisfied with each project before deciding which one/ones to embark on.

Monero (XMR) – The Secure Platform

Monero (XMR) has been a top cryptocurrency in the coin market, albeit with less popularity than it deserves. It’s one of the leading privacy tokens in the crypto market, with a market capitalization that ranks it amongst the top 30 cryptocurrencies on Coinmarketcap. Analysts are optimistic that a good run could see it experience a price surge and attain a deserving popularity level in the coming months. Monero (XMR) is included on 300K+ watchlists.

Monero (XMR) peaked at a market price of over $500 in 2021 before the decline in price due to unfavorable market conditions. It currently sells above the $150 mark, and analysts predict it could exceed the $200 market price towards its previous ATH.

Monero (XMR) launched 8 years ago with the sole purpose of allowing transactions to occur privately and anonymously. It leverages advanced cryptography to achieve this without compromising efficiency and ease of use. The platform enables fast and low-cost transactions without censorship and has made it most users’ favorite for private and secure transactions.

LooksRare Token (LOOKS)

LooksRare Token (LOOKS) is a low-priced cryptocurrency with promising prospects in the crypto market. Experts believe its low price and utility could make it a good buy for patient adopters. LooksRare Token (LOOKS) hit its all-time high (ATH) in January 2022 before experiencing a steady decline due to the bear market effect, which saw it hit an all-time low of $0.1 in Jun 2022.

LOOKS token powers the LooksRare network, a community-centered NFTs marketplace that incentivizes traders’ and creators’ participation. Investors that made entry during its all-time low would’ve gained profitable returns as it rallied above the point within the past two months. Analysts believe it can make a more impressive rally beyond the $1 mark, which will be a huge price surge considering it currently sells slightly above $0.3.

Platform users can earn more LOOKS by trading NFTs on the platform and staking the LOOKS token to earn more. It offers flexible purchases using mixed tokens like WETH and ETH. It is scalable, fast, secure, and easy to use.

Introducing PrivaCrip (PRCR)

PrivaCrip (PRCR) is another privacy token on this list that you should watch out for. PrivaCrip network is a crypto project to ensure optimum data privacy for Blockchain adopters, increasing their trust and acceptance in the novel financial system. The new cryptocurrency comes with governance and incentive utility on the PrivaCrip network.

The open-source protocol features necessary privacy-preserving tools and is a functional alternative to platforms and applications that violate users’ privacy rights. The layer-1 blockchain empowers data tokenization and scalability in private DeFi and boasts a top-tier developing team committed to its growth and development.

PrivaCrip (PRCR) has high adoption potential due to its use cases, features, and community support. It’s set to go on presale, and early adopters can benefit from its presale bonuses. This includes 20% on a $1000 purchase and 45% on a $2500 purchase. You can also earn 15%, 17%, or 10% if you purchase with ETH, BNB, or BTC.

The post PrivaCrip (PRCR), Monero (XMR), and LooksRare token: Cryptocurrencies with the potential to Blow before the year ends appeared first on Times Tabloid.

The new development was announced on August 13th via the official Twitter handle of the blockchain project. According to the report, the success of the network upgrade implies that Monero (XMR) is now more private and efficient.

To make the privacy enhancement possible, the update says a number of new features were introduced, such as ringsize 16, Bulletproofs+, and view tags.

Read Also: First Atomic Swap Providers Surface for Bitcoin-Monero Atomic Bomb on Monero Network

The team also urged users to update their nodes or wallets in order to remain on the network.

Monero tweeted, “Congratulations on a successful network upgrade! Monero is now more private and efficient with ringsize 16, Bulletproofs+, and view tags! Make sure your node/wallet is updated to continue using Monero. Privacy and fungibility matter, and it’s exciting to keep improving!”

Congratulations on a successful network upgrade! #Monero is now more private and efficient with ringsize 16, Bulletproofs+, and view tags!

Make sure your node/wallet is updated to continue using Monero.

Privacy and fungibility matter, and it’s exciting to keep improving!

— Monero (XMR) (@monero) August 13, 2022

What the New Features Bring to Monero Network

In a  blog post in April 2022, the Monero team explained that the new “Bulletproofs+” algorithm is capable of reducing normal transaction size and boosting verification performance by 5% to 7%. While View tags are meant to reduce wallet sync times by 30% to 40%.

Unlike Bitcoin and other non-privacy blockchains, privacy coins are cryptocurrencies that power private and anonymous transactions on blockchain by obscuring their origin and destination.

Read Also: CZ Binance Apologizes and Clears the Air after CoinMarketCap Called Ripple’s XRP an Imposter

Privacy protocols, such as Monero, normally hide a user’s real wallet balance and address and mix different transactions with each other to evade normal chain analysis.

As earlier mentioned, among these privacy protocols, Monero (XMR) is the largest in terms of market capitalization. It currently occupies the 28th position in the crypto market.

At the time of filing this report, XMR is trading at $165.78, with a relatively 1% price downtrend in the last 24 hours, according to CoinMarketCap.

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The post Monero (XMR) Completes Network Upgrade to Improve Privacy appeared first on Times Tabloid.

It can be recalled that in May 2021, a BTC-XMR atomic swap went live on the mainnet.

Read Also: VeChain Releases New Version of VeChainThor Mobile Wallet with Price Display Support for VEED Token

Back then, the announcement read as follows:

“XMR <-> BTC atomic swaps are live on mainnet! We’re delighted to see Seth and others working to make them easily accessible such that anyone can swap trustlessly and privately!”

According to a tweet, a Menoro user has become one of the first providers on the Monero network. This implies that all Monero (XMR) users are now liable to perform swaps with the help of a command-line interface (CLI).

Going by the tweet shared by Seth By Privacy, the exchange is provided with a 20% fee that is fondly used in Bitcoin ATMs. With the availability of more swap providers on the network, the community is looking forward to reducing the fee.

Read Also: Van de Poppe Analyzes Possible Bullish Future of Bitcoin (BTC), Ethereum (ETH), Cardano (ADA)

Seth By Privacy noted:

“Just completed my first mainnet atomic swap (as the broker/XMR-seller) with an unnamed Bitcoiner. The process took 34min, was done entirely over Tor, required no interaction by me, and was peer-to-peer with *no* middle-man or custodian. I think I just witnessed the future.

“Second swap completed, 37min to complete and no issues at all. I don’t think I’ve been this excited for a tool in a *long* time. Docs on how to get swapping are almost completed, will share once they’re done and once I decide on a spread %.”

Second swap completed, 37min to complete and no issues at all.

I don't think I've been this excited for a tool in a *long* time.

Docs on how to get swapping are almost completed, will share once they're done and once I decide on a spread %.

— Seth For Privacy (@sethforprivacy) August 17, 2021

Read Also: Celsius CEO: Bitcoin (BTC) Will End 2021 Somewhere in the $140,000-$160,000 Range

Monero (XMR) and Atomic Swaps

Atomic swap is a decentralized way of swapping or exchanging coins without third parties’ inference.

Due to the fact that Monero (XMR) is a privacy coin, atomic swaps were highly anticipated by the community. As aforementioned, users will still be using CLI to swap until when graphic interfaces are ready.

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