Both in the EU and in the US… things are not looking too good.
Pysh also objected to FinCEN’s record-keeping demands regarding “anonymity enhanced CVCs.” These refer to digital assets with enhanced privacy protocols like Monero.
To FinCEN’s credit, malicious actors like North Korea’s Lazarus Group have certainly used Monero to launder money while covering their tracks. However, everyday US citizens also use Monero for legitimate purposes, like purchasing art, video games, or even gifting presents when the sender wants the gift to be a surprise even for tech-savvy recipients.
Perhaps by “the market” you mean like exchanges, where investors trades tokens. Most ppl here use xmr to buy things or services. That might be why you sound a bit off.