Quote from: -Multivitamina- on January 09, 2020, 09:39:26 PM

Bitcoin and other cryptocurrencies draw more and more attention from regulators and politicians around the world. Governments openly pursue monitoring of transactions. They tend to restrict or ban digital currencies that make the monitoring job harder.

The most well-known example is the set of guidelines for the cryptoindustry released by the FATF. According to the document, Bitcoin exchanges and other Virtual Asset Service Provides have to observe KYC, AML, and CFT procedures like traditional finance companies. However, the decentralized nature of cryptocurrencies gets in the way of observing the guidelines to the letter.

In Bitcoin and some other altcoins there are ways to implement at least some form of surveillance. But when it comes to so-called anonymous cryptocurrencies this isnt exactly the case.

Several recent cases show that some trading platforms arent going to bother and will simply delist problematic coins. On September 30th, a large Korean exchange Upbit delisted Monero (XMR), Dash (DASH), Zcash (ZEC), Haven (XHV), BitTube (TUBE), and PIVX. On October 10th, another Korean exchange OKEx did the same. In both cases, the exchanges acted because of the inability to observe FATF recommendations.

This is an interesting precedent that may have a significant influence on anonymous cryptocurrencies. Some experts suggest that mass delistings may leave such coins in oblivion.

Is it that bad?

https://forklog.media/will-monero-dash-zcash-and-other-private-coins-be-delisted/

damn thats crazy, i hope this dosent effect the market price wise, but imagine the trickle down effect of 3 or 4 of those coins being delisted on major exchanges :O
is this the government protecting the people? implementing anti laundering things? or just another power grab of a scared dying fossilized system?
sadly if they REALLY want to, they could ban all these coins, and the markets would implode i fear Sad