ChangeNOW and CoinRabbit Publish Report on Crypto Financial Privacy

ChangeNOW, a cryptocurrency super‑app, and CoinRabbit, a crypto‑asset management platform, released a joint research report titled “Financial Privacy in the Digital Age.” The study maps both illicit and legitimate uses of privacy‑preserving tools in digital assets, drawing on data from TRM Labs, Chainalysis, the RAND Corporation, UNODC, Statista and U.S. Treasury disclosures.

The report finds that on‑chain privacy has become an essential safety measure, protecting high‑net‑worth individuals from extortion, shielding businesses from corporate espionage, and enabling humanitarian payments in conflict zones. It argues that regulatory focus should shift from the privacy layer to the fiat off‑ramp where crypto is converted to spendable currency. Notable threat assessments include an estimated $75 billion in pig‑butchering fraud losses from 2020‑2024 and a 33 % rise in physical “wrench attacks” targeting $124.1 million in crypto in the first half of 2026.