Euronext Paris suspended trading of the newly launched CoinShares Zcash exchange-traded product

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CoinShares added the new Zcash exchange-traded product to its physical product range

Zcash provides optional viewing keys that allow users to grant auditors or regulators access to selective transaction details.

EU Regulation 2024/1624, adopted on May 31, 2024, will bar licensed crypto firms and exchanges from handling privacy coins like Monero starting July 1, 2027.

Zcash was launched in October 2016 as a Bitcoin codebase fork with a 21 million coin supply limit, proof-of-work consensus, and optional zero-knowledge privacy features.

Former Monero developer Riccardo Spagni described upcoming EU anti-money-laundering regulations as lopsided toward surveillance for barring access to anonymous wallets.

Zcash maintains a hard supply cap of 21 million units inherited from Bitcoin

Sean Bowe co-founded Zcash and has worked on Zcash since 2015

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Zcash Community Grants proposed transferring 36,200 ZEC, valued at approximately $46 million, from its treasury to the Network Sustainability Mechanism

Helius co-founder and CEO Mert Mumtaz dismissed Zcash Community Grants' proposal as nowhere near good enough, arguing the treasury was gargantuan and that spending decisions must be accountable to ZEC holders.

Zcash co-founder Sean Bowe submitted an October 2026 proposal to eliminate Zcash Community Grants' automatic 8% share of newly issued ZEC and redirect it to the Network Sustainability Mechanism while leaving the existing treasury intact.

If Zcash Community Grants' proposal is approved, the five-person committee would retain about 55,200 ZEC, worth approximately $70 million, from its existing treasury.

Under its October 2026 proposal, Zcash Community Grants would forgo approximately 62,000 ZEC ($78.5 million) in future allocations and taper its remaining funding through the 2032 Zcash halving, redirecting roughly 98,000 ZEC ($124 million) total to future block rewards.

In August 2026, Zcash Community Grants approved $461,500 across nine monthly milestones for the ZECsy project's $550,000 outreach proposal targeting adult industry conventions, crypto conferences, and banking-restricted groups.

Under Zcash's block reward distribution rules, 20% of new tokens fund development, with 8% going to Zcash Community Grants and 12% to the Coinholder-Directed Retroactive Grants Program.

The Network Sustainability Mechanism is a Zcash protocol reserve that temporarily removes ZEC tokens from circulation and distributes them to miners as block rewards over decades.

Zcash Community Grants stated that its October 2026 plan to redirect treasury funds to the Network Sustainability Mechanism is preliminary, with a full proposal to be released later for community review.

Gemini co-founder Tyler Winklevoss criticized the Zcash Community Grants committee as a slush fund with no accountability, arguing that its structure encourages poor spending and conflicts of interest.

An October 27, 2026 report citing Grayscale research credited Zcash's development funding model with supporting privacy and security upgrades over the past decade.

Gemini co-founder Cameron Winklevoss stated that experimenting in governance is not part of Zcash's mission, asserting that the network's sole mission is privacy.

In September 2026, ZEC holders holding 10.4% of the circulating supply approved $8.39 million in retroactive funding for 17 development proposals.