Post
Topic
Board Altcoin Discussion
Re: Privacy coins getting delisted
by
fortunecrypto
on 17/09/2019, 06:28:46 UTC
Okex korea on war with privacy coins, they have decided to delist privacy coins like zcash, Dash, monero, horizen and SBTC, Why? well the reason is..

“For one, transactions themselves need to be routinely monitored, ostensibly to detect unusual and potentially criminal patterns.

Secondly, a new ‘travel rule’ necessitates that exchanges and money transmitters share customer info with each other, so that one exchange can confirm, for example, that a customer on another platform it’s sending 10 bitcoins to has a verified identity.”


Click on the link below to read the full news
https://www.coinspeaker.com/monero-dash-privacy-coins-delisted-okex-korea/



This is happening because of to many hacking, and hackers are using Privacycoins to escape their activity but these coins have a goal to become a decentralization and anonymous, hackers just exploited this feature, but there is a fix to this, not delisting this coins.