Dash and Zcash have plummeted after the OKX exchange announced that it would be delisting both tokens in a renewed crackdown against privacy coins.
The exchange blamed the delisting on user feedback, but most delisted coins fall into the privacy coins category, with regulatory pressure forcing the exchange’s hand.
The crackdown on privacy coins is reigniting yet again, with OKX being the latest major global exchange to cease supporting these controversial tokens. The exchange announced recently that it would no longer offer trading services for the likes of Dash and Zcash among the casualties.
OKX, one ofnthe largest exchanges in the world, announced that it would be delisting some trading pairs “in order to maintain a robust spot trading environment.” The exchange cited “feedback from users” as the key reason behind the delisting.
On January 4, the exchange will delist Polkadot canary network Kusama’s token KSM, NFT-focused coin FLOW, and half a dozen others. A day later,
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