DASH Jumps 21% After DFSA Enforces Privacy Token Ban

CryptoNewsFlash
DASH-4,05%
ZEC-3,8%

  • 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

BTC 15-minute increase of 0.97%: Driven by active buying and ETF fund inflows pushing the market higher

On March 26, 2026, from 20:00 to 20:15 (UTC), the 15-minute spot Bitcoin (BTC) candlestick return was +0.97%, with a price range of 68,428.7 to 69,460.2 USDT and an amplitude of 1.51%. Trading volume during this period increased by 18% compared to the previous period, reaching approximately $120 million. Market attention significantly intensified, and short-term volatility increased. The main driver of this movement was strong active buying in the spot market. Specifically, multiple large transfers of ≥1000 BTC appeared on-chain, with net inflows of BTC on major trading platforms totaling approximately 28.

GateNews47m ago

Solana Reclaims $90 as Golden Cross Signals Renewed Momentum

Solana has surpassed the $90 resistance, aided by a golden cross indicating positive momentum, despite low trading volume. Strong on-chain growth supports price stability, and sustained support above $89.50 could push Solana towards $96, though higher volume is crucial for confirming a breakout.

CryptoNewsLand1h ago

Bittensor TAO Jumps 17% as Market Momentum Strengthens

Key Insights: Bittensor surged 17% in one day, with strong weekly and monthly gains supported by broader crypto stability and rising investor participation. Institutional access expanded through new exchange products while Grayscale’s trust premium signaled sustained demand for

CryptoNewsLand1h ago

Zcash Rally Gains Strength as Privacy Demand and ZODL Funding Lift ZEC

Key Insights: The Zcash price rose above $235 with strong volumes, reflecting sustained institutional participation and signaling broader market confidence in privacy-focused digital assets. The $25 million ZODL funding supports protocol upgrades, wallet growth, and shielded adoption,

CryptoNewsLand1h ago

Hyperliquid Gains Traction as ETF Push Meets Strong Momentum

Key Insights: Grayscale ETF filing has increased institutional visibility for HYPEUSD, strengthening demand expectations as traditional investors seek simplified exposure to the Hyperliquid ecosystem. Technical indicators show

CryptoNewsLand1h ago

Bitcoin Slumps to $68K as Middle East Peace Hopes Fade

Bitcoin fell 3.6% as geopolitical tensions between the U.S. and Iran rattled global markets. The cryptocurrency dropped from a high of $71,405 to $68,123, cutting its market capitalization to $1.36 trillion and dragging the broader crypto economy to $2.43 trillion. Bitcoin Slides on

Coinpedia1h ago
Comment
0/400
No comments