Major virtual currency exchange OKX plans to delist almost all anonymous currencies

Anonymous currency stock crisis?

On the 29th, major cryptocurrency exchange OKX announced plans to abolish almost all anonymous currencies.

The target currencies are FSN, ZKS, CAPO, CVP, XMR, DASH, ZEC, and ZEN, and deposits have already been stopped on the 27th, and the currently offered stablecoin/BTC/ETH currency pairs will be released in 2024. All will be abolished from January 4th to 5th. Please note that withdrawals are scheduled to stop from March 5, 2024.

Source: OKX

In addition to anonymous currency stocks, currency pairs such as KSM-USDC, FLOW-USD, and ANT-USDC are also subject to implementation.

OKX did not explain the specific reason for the delisting of anonymous currency (privacy coin) stocks, but it appears to be related to the exchange’s compliance with the FATF travel rules. Previously, there were cases in which South Korean giants Upbit and Bithumb stopped handling anonymous currencies.

On the other hand, Binance and Bybit still handle stocks such as ZEC, ZEN, and XMR.

connection: Coinbase announces delisting of four virtual currency stocks

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We have introduced the “Heat Map” function to the CoinPost app for investors!
In addition to important news about virtual currencies, you can also see at a glance exchange information such as the dollar yen and price movements of crypto asset-related stocks in the stock market such as Coinbase.

■Click here to download the iOS and Android versions
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— CoinPost (virtual currency media) (@coin_post) December 21, 2023

We have introduced the “Heat Map” function to the CoinPost app for investors!
In addition to important news about virtual currencies, you can also see at a glance exchange information such as the dollar yen and price movements of crypto asset-related stocks in the stock market such as Coinbase.

■Click here to download the iOS and Android versions
https://t.co/9g8XugH5JJ pic.twitter.com/bpSk57VDrU

— CoinPost (virtual currency media) (@coin_post) December 21, 2023

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