Huobi delisting Privacy coins
Huobi delisting Privacy coins
What is Huobi?
What is Huobi?
Founded in China in 2013, Huobi is Seychelles based cryptocurrency exchange.
In 2018 it became a public company in Hong Kong.
What's the news?
What's the news?
Huobi will delist seven cryptocurrencies due to regulatory pressure on
anonymity-enhanced currencies.
The delisted Currencies
The delisted Currencies
These are private coins i.e Dash, Decred, Firo, Monero, Verge, Zcash
& Horizen
Why these coins?
Why these coins?
Its because these privacy coins, does not support offline signatures, or its node source codes are not open-sourced
The Deadline
The Deadline
All these tokens will be delisted on Sept 19th while the deposits have already been ceased.
Why this move?
Why this move?
Huobi is planning to enter the global markets & the private coins comes under intense scrutiny by regulators. Hence it removed it from the system
Also Read:
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Scam Coins Alert
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Coinbase Fraud ^
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