Bittrex to Delist Privacy Coins Monero, Dash and Zcash
Bittrex to Delist Privacy Coins Monero, Dash and Zcash
Bittrex announced Friday it will be delisting Monero (XMR), Zcash (ZEC) and Dash (DASH), continuing a trend of delisting privacy coins by cryptocurrency exchanges.
- In a release, the exchange said markets in the coins will be removed on Friday, Jan. 15, at 23:00 UTC.
- While Bittrex gave no reason for the removals, exchanges around the world have been moving to delist coins that seek to preserve the privacy of their users as a way to be compliant with so-called Know Your Customer/Anti-Money Laundering (KYC/AML) regulations that are spreading around the world.
- For instance, the U.S. Secret Service has urged Congress to create ways to limit the use of privacy-focused cryptocurrencies.