
Gemini announces shielded ZEC withdrawals Today, Gemini announced support for shielded Zcash withdrawals. This is an important milestone for financial privacy and shows that Zcash’s confidential transactions are compliant with NYDFS regulations. “This announcement demonstrates that Zcash is compatible with a robust AML/CFT regulatory regime,” said Jack Gavigan, Head of Regulatory Relations at Electric Coin Co. (ECC). “We applaud both Gemini and the New York State Department of Financial Services for taking the time and effort to understand how Zcash’s privacy-preserving features work and how they can be supported while remaining fully compliant.” electriccoin.co/blog/gemini-becomes-first-regulated-institution-to-support-shielded-zcash-withdrawals/