Cryptocurrency Exchange OKEx Korea Delists XMR, DASH, ZEC, ZEN, SBTC

Cryptocurrency trade OKEx Korea introduced the tip of Monero (XMR), DASH, Zcash (ZEC), Horizen (ZEN) and Tremendous Bitcoin (SBTC) buying and selling as of right this moment, Oct. 10.

Per the Oct. 2 announcement, the property have been delisted right this moment. A earlier model of the announcement was printed on Sept. 10. That being stated, since then the help for privateness cash ZEC and DASH has been outlined as quickly suspended on account of regulatory considerations.

Regulatory considerations over privateness cash

Extra exactly, OKEx Korea experiences having acquired a request to finish the transaction help and evaluate the compliance with the ‘Journey Guidelines’ based on the Monetary Motion Process Power suggestions. The trade promised that the ultimate choice regarding the help of DASH and Zcash will probably be introduced at a later date in a separate announcement.

Delisting of privateness cash over regulatory considerations is nothing new. In September, South Korean cryptocurrency trade Upbit introduced that it could cease buying and selling for six cryptocurrencies, together with some so-called privateness cash.

Different current delistings

Additionally in September, main cryptocurrency trade Binance introduced that it’s eradicating about 30 buying and selling pairs from its platform. Apparently, six of these buying and selling pairs concerned tokens launched on Binance Launchpad — its preliminary trade providing platform.

As Cointelegraph reported yesterday, crypto trade Poloniex has introduced that it’s delisting six digital currencies: Clams (CLAM), Pascal (PASC), Steem (STEEM), Navcoin (NAV), GameCredits (GAME) and LBRY Credit (LBC).

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