Monero's Privacy Raises Concerns Among Regulators

In the same sense, they are those very core features that have given several cryptocurrency exchanges not to include or drop Monero from their exchange platforms. Due to the privacy of Monero, the financial regulators have been tempted to look for all ways of tracking and tracing the illegal transactions done on the dark web by criminals.

After one year of sleepless nights trying to innovate something, the tool has been finally created by CipherTrace and any transaction(s) made using this privacy coin can now be tracked and explored by DHS. The product includes features like transaction search, exploration, and visualization tools for XMR transaction flows – more important features including wallet identification, exchange attribution, etc., will be added in the future.

Timeline of Monero