Huobi to delist Monero and other privacy coins, citing regulatory pressures

Huobi to delist Monero and other privacy coins, citing regulatory pressures


Cryptocurrency exchange Huobi will delist seven different privacy coins from its platform as regulatory pressure mounts on anonymity-enhanced currencies (AECs).

The exchange announced that it had terminated the trading service of a number of privacy tokens including Dash (DSH), Decred (DCR), Firo (FIRO), Monero (XMR), Verge (XVG), Zcash (ZEC) and Horizen (ZEN).

These tokens will begin to be delisted on Sep. 19, while deposit services were ceased on Sep. 12 in correspondence with the announcement. Users were urged to cancel open orders for the privacy coins, while the exchange will cancel any existing orders at the delisting time and credit users spot accounts.

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Huobi noted that it made efforts to meet compliance policies of more

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