Post
Topic
Board Altcoin Discussion
Re: Monero get delisted, again
by
btc_angela
on 12/04/2020, 14:05:49 UTC
Monero get delisted once again because of low trading volume and anonymity functions on Houbi Korea exchange, why is this happening? Are people getting tired of privacy coin? Xmr is one of the top coins, what's your take about this?

https://cointelegraph.com/news/huobi-korea-delists-xmr-amid-nth-room-sexual-exploitation-case-rumors/amp

It's not that people are getting tired, it is because exchanges are not allowed to have  privacy coins such as XMR and Zcash. Obviously those coins functions are to obfuscate transactions. And with the recent FATF rule, it will be hard for this coins to stay in crypto sphere because they are being used by bad actors i.e. criminals, terrorists, drug lords, etc. Low volume is just an excuse for those exchanges to delist them, just saying.