Monero, Zcash and Dash are all valued at under half of their July prices.
Does this mean the end of all privacy for crypto?
One company in particular CipherTrace is working with exchanges to validate transaction data without having to actually share data itself which helps with the FATF travel rule. This will offer some degree of assurance but true anonymity may not thrive. What are your thoughts?
https://cryptobriefing.com/privacy-coins-zcash-dash-scrutiny/
Absolutely. And I certainly do expect there to be even more scrutiny in the future.
I think that the important thing here to note is that real long term investors in these privacy coins really aren't that worried, as far as the few that I've talked to and the general sentiment on their forums. Especially XMR, they don't look at it as a speculative asset anyhow and discourage sudden price movements.
These longer term holders that constitute a lot of the demand for these coins aren't really concerned about the regulations, because they won't be affected as transactions on-chain can still flow smoothly. All that these regulations will do is discourage institutional investors from ever touching anonymous coins, that's all.