OKX Suddenly Delists Majority of Privacy Coins, Raising Regulatory Concerns
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OKX Delists a Large Number of Privacy Coins Spot Trading Pairs
Privacy Coins Experience Current Price Decline
OKX Delists a Large Number of Privacy Coins Spot Trading Pairs
OKX Announcement
It has announced that it will delist multiple spot trading pairs, stating that they do not meet the listing standards, with some being privacy and anonymity-related coins.
OKX has suspended deposits for the following coins as of December 27th, Taiwan Time, and will suspend withdrawals on March 5th, 16:00 next year:
FSN
ZKS
CVP
ZEC
ZEN
XMR
CAPO
DASH
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OKX Announcement
Privacy Coins Experience Current Price Decline
The delisted coins have all experienced a slight price decline today. Despite the SEC’s aggressive actions this year, apart from the Tornado mixing protocol, it seems that no other related anonymity issues have caught the attention of regulatory agencies.
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(Tornado Cash Co-founder Arrested, US Department of Justice: Indirectly Assisting North Korea in Developing Nuclear Weapons)
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15-minute Chart
CAPO
CVP
DASH
FSN
OKX
XMR
ZEC
ZEN
ZKS
Anonymity Coins
Privacy Coins
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Further Reading
South Korea Releases Latest Amendment Notice for Special Financial Transactions Act, Prohibiting Service Providers from Offering Anonymity Coin Trading Services
Can You Track Monero? The US IRS Offers a High Reward for You
