submit@infiniteprivacy.com
Blockchain & Cryptocurrency

Coincheck is Removing Four Privacy Coins From Their Platform

The Infinite Brief
Coincheck has just announced that they will be ceasing the trading of 4 cryptocurrencies on their platform. These currencies being Monero, Dash, ZCash, and Augur, listed in order of market capitalization.

The cryptocurrency exchange plans to remove 3 privacy coins – Monero, Dash, and Zcash – from their platform along with an ERC-20 token which elicits gambling on a non-regulated platform.

Coincheck plans for the delisting of these projects to be completed by June 18th, 2018.

Users with these coins will be able to withdraw the tokens noted above until the delisting date. If users do not withdraw their tokens to their personal wallets by that time, the coins will be converted into Japanese Yen at the current market prices.

The acquisition of Coincheck by the Japanese-based Monex Group makes it seem even more likely that CoinCheck will further abide by Japanese regulations and restrictions in the future.

The FSA may not have advised to Coincheck to remove Augur, but Coincheck appears to be taking all precautions to distance itself from regulatory worries in the future.

Originally via Bitcoinist

Coincheck has just announced that they will be ceasing the trading of 4 cryptocurrencies on their platform. These currencies being Monero, Dash, ZCash, and Augur, listed in order of market capitalization.

See the original article at http://bitcoinist.com/monex-owned-coincheck-confirms-delisting-of-privacy-coins/

 

Leave a Response