Quote from: jrrsparkles on December 29, 2023, 11:45:38 AM

More than 20 trading pairs will be delisted next week as they no longer meet the crypto exchange's listing criteria.

Privacy tokens dash (DASH), monero (XMR) and ZCash (ZCH) slumped as much as 10% as prominent crypto exchange OKX said Friday it will delist their trading pairs on Jan. 5.

While OKX did not explicitly say it was banning the tokens because they offer enhanced privacy for transactions, many of those listed fall into that category.
Privacy coins are cryptocurrencies that preserve anonymity by obscuring the flow of money across their networks. They make it difficult to work out who sent what to whom – which is useful if you don’t want anyone snooping on your financial activity – and are not popular with regulators.

Privacy Tokens DASH, ZCH, XMR Take Hit as OKX Says It Will Suspend Trading

This isn't a big surprise at all because regulators have strong hammering the privacy coins for a while and they already made most exchanges to delist privacy coins and now OKX has also been added to the list of exchanges which means there is no future for the privacy coins in the crypto market?

I was talking about this possibility years ago when FATF revealed their suggestions, that late became plans. And people were laughing that i was fudding, that i have underestimated cryptos and basically i don't know what i am even talking about...And how governments can't shut down privacy coins, and how privacy coins are more important then ever, because regulator intervention.

And sure privacy is important, however coins are way over priced if exchange needs to move away from centralized exchanges and ability to change to other cryptos overall.
And while i am an optimist and see that some privacy coins could technically exist. Zero knowledge allows us to have selective privacy that would make regulators happy, but laws about this will drag behind and it will be a difficult battle. And then there's the issue that privacy with decentralization isn't a cheap process. And the end result of regulatory compliant crypto probably solve the original problem, that monero for example tried to solve. But it can solve some problems. Time shows if they are worth it.