Discussion in 'Digital Currencies' started by REDBACK, Aug 24, 2020.
Delsting on 31st August 2020
Wow ive been out of the loop for a while, what happened to Monero? That was pretty major for a while?
probably privacy issues, almost impossible to track and the coin of choice for the darkweb.
Wasn't / Isn't that the whole point though?
assume coinspot would have some reporting obligations, privacy coins make that difficult along with proof of wher the funds originated from. many other larger exchanges have delisted monero for the same reason.
Australia's most popular cryptocurrency exchange.
Operating Since 2013.
We have had to make some necessary changes to some assets on our platform.
Regulatory updates from industry service providers regarding the below privacy coins have unfortunately made it unworkable to continue trading these assets. As a result, the below coins/tokens will be removed from trading as of 31 August 2020.
We understand that this may create an inconvenience for our members and as such:
CoinSpot will not sell or trade your assets without your consent.
Withdrawals will remain enabled and holders of the above coins/tokens will not be required to withdraw their holdings by a particular deadline.
Members will be unable to Deposit, Buy, Swap these assets as of 31 August 2020 at 8:00 PM AEST.
CoinSpot will always endeavour to publish its intention to delist a coin/token and provide a sufficient time frame before this will apply. Delisting notices will appear on the CoinSpot website and all affected users will be notified.
If you have any questions about this please let us know.
So what now, XMR has been a predictable performer over the last few years. Surely delistings kill monero?
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