OKX’s decision to end its ban on privacy coins has sent Zcash soaring, with a significant price increase of over 14% recently. This move comes as a response to growing regulatory scrutiny and reflects increased market demand for greater financial anonymity. The reversal signifies a shift in sentiment, as investors seek out privacy-focused assets amidst tightening regulations. Zcash’s value surged as a result, demonstrating the potential impact of privacy concerns on the cryptocurrency landscape. Zooko Wilcox-O’Hearn, CEO of Zcash, emphasized this point by highlighting the coin’s commitment to balancing privacy and compliance in response to evolving market dynamics. Institutional investors like Grayscale have also reacted positively, showcasing heightened interest in privacy-centric assets for their portfolios. This surge in trading volume signals a potential shift towards privacy-focused investments as regulatory uncertainties increase. The positive trend follows historical precedents of significant price increases linked to past privacy-related events, such as the Zcash halving in 2020. Arthur Hayes, Co-founder of BitMEX, expresses his optimism, stating that Zcash is well-positioned for a $10,000 run due to its focus on privacy and growing demand amidst increased regulatory scrutiny.