NOTIFICATION OF UPCOMING CHANGES
[April 2025] eXch is about to merge with a company in another jurisdiction and leave the company in Belize. We will have new shareholders and new members on the management board. This merger is related to our decision to sell half of our company in order to reduce risks for our founding team and guarantee that we can continue operating without giving up our values. Our new partners are longtime Bitcoin and privacy enthusiasts whom we trust.
[April 2025] We are aware that there is an ongoing operation targeting our service by some law enforcement agencies with the goal of adding us to the OFAC sanctions list and possibly seizing our infrastructure (good luck to them, nevertheless). Since it's primarily coming from U.S.-based agencies, we will update our ToS to inform our users in the U.S. not to use our service and warn them about the risks of being prosecuted in their country for using a service like ours. Since we have no logs or any IP-detecting capabilities, we won't be able to enforce this policy; thus, we can't be held responsible for any regulatory violations. We have already developed a legal framework to ensure that the responsibility for regulatory violations is applied to our customers and not to us, which will also be outlined in the ToS. This might also apply to some countries in EU with the worst recent regulatory updates that target privacy services, however, it's not confirmed yet.
[July-August 2025] We will delist USDT and USDC from our platform in order to provide stablecoin exchanges on dynamic addresses without risks for us. Unfortunately, operating USDT and USDC is not possible on non-static addresses without the risk of them being blacklisted by Circle and Tether. Thus, the stablecoin we will provide is DAI, which is the only reliable and non-custodial stablecoin currently available that has no address blacklist functionality in its smart contract. Since many of you may have already noticed, we have stopped operating our ETH liquidity on our old aggregation address (0xf1da173228fcf015f43f3ea15abbb51f0d8f1123) because the transparency we provided was not valued but instead abused. Therefore, we see no reason to continue operating on our static addresses given the high level of toxicity from the whitehat industry directed at our service. The same applies to our BTC aggregation address—the pool now uses one-time change addresses, as per the default Bitcoin Core configuration, so nobody can associate the outputs with eXch as easily as before.
None of the above-mentioned changes will affect our end customers.