Privacy Tokens DASH, ZCH, XMR Take Hit as OKX Says It Will Suspend Trading
Summary
Crypto exchange OKX announced it will delist privacy tokens Dash (DASH), Monero (XMR), and ZCash (ZCH) on January 5, causing their value to drop by up to 10%. OKX stated that the decision was based on user feedback and its own Token Delisting/Hiding Guideline, as these tokens did not meet their listing criteria. Although OKX did not specifically mention the enhanced privacy features of these tokens as a reason for delisting, many of the affected tokens are known for their privacy features. Privacy coins, which obscure transaction details to maintain user anonymity, are generally not favored by regulators.
