DASH Jumps 21% After DFSA Enforces Privacy Token Ban

CryptoNewsFlash
DASH-4,79%
ZEC-3,93%

  • DASH surged over 21% despite the DFSA banning privacy tokens in the DIFC.
  • DFSA cites AML and sanctions risks behind its comprehensive privacy token restrictions.

The DASH price surge occurred after the Dubai Financial Services Authority (DFSA) imposed a complete ban on privacy tokens in the Dubai International Financial Centre (DIFC) area on January 12, 2026. At the time of writing, DASH was trading at around $45.96, up 21.20% in just the last 24 hours, with daily spot volume reaching $45.94 million. This movement drew attention because it occurred amid regulatory pressure that had otherwise restricted the movement of privacy-focused cryptocurrencies like Dash, Monero, and Zcash.

JUST IN: 🇦🇪 Dubai bans privacy tokens and tightens stablecoin rules as part of broader reset of its crypto regulatory framework. pic.twitter.com/CsY5KMbbdT

— Whale Insider (@WhaleInsider) January 12, 2026

DASH Rallies as Regulatory Pressure Builds The DFSA’s policy included a ban on the trading, promotion, management of funds, and creation of derivative products related to privacy tokens in the DIFC. The primary reasoning was related to the risk of money laundering and potential violations of international sanctions, given the difficult-to-trace nature of transactions. Ever since the rule came into effect, firms operating in the DIFC have had to tighten their due-diligence checks on listed assets and make sure every part of their business aligns with updated compliance requirements. However, the market response has been quite different. Instead of being depressed, DASH has surged sharply. On the other hand, this surge also occurred as market liquidity showed a significant increase, reflected in trading volumes approaching $46 million in a single day. Late last November, we reported that OKX had relisted DASH on its spot market, thus reopening the token trading access globally. This move provided an additional boost to liquidity and market exposure, especially amid a situation where some jurisdictions were tightening regulations for privacy tokens. Furthermore, the token’s return to a major platform helped expand the reach of investors, including those from regions that had previously lost access. Furthermore, Dash also officially joined the Zebec ecosystem as the 19th blockchain integrated into the Zebec Silver and Zebec Carbon personal payment cards. This integration paved the way for the token to be used in real-world payment scenarios, not just as an asset changing hands on a trading screen. Earlier last November, we noted that community interest in DASH was picking up as discussions around privacy-focused tokens started gaining more traction. This interest was driven by the perception that DASH offers a combination of transaction privacy and ease of use. In several developing countries, the token is starting to be positioned as a practical payment solution, not just a speculative instrument.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Next Crypto Breakout: 3 Altcoins Poised for Massive Upside

CHZ breaks resistance with strong volume, driven by sports and fan engagement demand. XMR hits all-time high, fueled by privacy demand and strong trading volume. ATOM rebounds from lows, holding support while building momentum toward higher resistance levels. The crypto market

CryptoNewsLand7m ago

Kalshi Traders Forecast XRP to Hit $1.60 in April

Kalshi traders predict XRP will reach $1.60 in April amid rising demand and significant ETF inflows. With a bullish technical outlook and upcoming regulatory votes, XRP's market dynamics show potential for further gains, despite risks of declining support levels if outcomes are unfavorable.

CryptoFrontier1h ago

Solana Adoption Surges to 167M While Usage and Price Diverge

Key Insights Solana reached 167 million holders, signaling strong adoption growth even as active addresses declined, showing a widening gap between ownership and usage trends. Institutional interest increased as DeFi Development Corp accumulated over 2.22 million SOL, reinforcing long-term c

CryptoNewsLand3h ago

Shiba Inu Forecast: Range-bound Moves Shift After Bullish Golden Cross

SHIB consolidates near $0.0000058 amid declining volume and reduced market participation. Bullish golden cross signals short-term momentum shift despite ongoing range-bound price action. Key support at $0.00000562 holds focus, with breakout targets near $0.00000625 and higher. Shiba

CryptoNewsLand6h ago

Pudgy Penguins Price Analysis: $0.008 Could Trigger the Next Big Move

PENGU shows steady growth, signaling accumulation rather than short-term speculation. Buyers dominate spot and futures markets, strengthening current bullish momentum. $0.008 resistance remains key, with breakout or consolidation likely next. Pudgy Penguins — PENGU, has started showing a

CryptoNewsLand7h ago

The Strait of Hormuz is fully reopened, and Bitcoin surged to 78K. MicroStrategy (MSTR) jumped 12%.

Iran announces that the Strait of Hormuz is fully open; oil prices fall sharply as supply concerns ease, and U.S. stock indexes hit record highs. Bitcoin once surged to $78,333 and lifted MicroStrategy’s stock price by 12% in a big jump. Market-wide sentiment improves, and cryptocurrencies also show signs of capital inflows.

ChainNewsAbmedia12h ago
Comment
0/400
No comments