OKEx Korea delisting all privacy coins, including Monero, Zcash and Dash, as these violate FATFs 'travel rule'
Cryptocurrency exchange OKExs Korea unit is delisting all five privacy coins - monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN) and super bitcoin (SBTC).
The transaction support for the five coins will end on Oct. 10, while withdrawal services will stop on Dec. 10, OKEx Korea announced Monday. The exchange said the decision has been taken as these coins violate the Financial Action Task Force (FATFs) "travel rule."
I've heard the same about Upbit, Kraken and the number of other exchanges. So please HELP! What should I choose in order to feel safe??
It took me some time to find the news you should have been linking. It's from 2019.
Do you have anything new on the topic? Do you actually trade those coins? Do you actually trade on that exchange (because if you do you should know it was renamed)? ...Are you human or bot?
I believe this due to the recent pressure of Korean government to filter thoroughly all the coins they are listing and delist all coins that violates there law in response to the collapse of Terra Luna UST incident which is happened directly on there country. Maybe the OP just recently read a topic regarding the delisting of privacy coin and he is not aware that korean exchange already banned privacy coin since 2019.