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Crypto Exchange Huobi to Delist 7 Privacy Coins, Citing ‘Lates | DeFi & Ethereum News

Crypto Exchange Huobi to Delist 7 Privacy Coins, Citing ‘Latest Financial Regulations’

Crypto
exchange Huobi revealed that it had already terminated trading for Dash (DSH), Decred (DCR), Firo (FIRO), Monero (XMR), Verge (XVG), Zcash (ZEC) and Horizen (ZEN) on September 6. Deposits for each coin will also cease as of September 12, but withdrawals will continue to function.

A complete delisting of all of these tokens is slated for September 19. As Huobi explained, the decision is an effort to comply "with the latest financial regulations," as well as its own global token management rules. The exchange has yet to respond to Decrypt's request for comment. If they don’t, those orders will be auto-canceled at the time of delisting, and relevant assets will be credited to users’ accounts.

Source

https://t.me/DeFi_Ethereum