Huobi Global will revoke seven Privacy Coins tokens next week. Amid broader regulatory scrutiny of the token as the company said indeclarationon monday
“Huobi Global will strictly abide by the policies and regulations of all countries and regions. and always try to protect the assets of our users.” web tradingsay
Both spot and token futures trade – dash (DASH), decred (DCR), firo (FIRO), monero (XMR), verge (XVG), zcash (ZEC), and horizen (ZEN). ) – was temporarily suspended last Tuesday. And the removal of these tokens is scheduled to begin at 08:00 UTC on September 19.
Deposit services for DASH, DCR, FIRO, XMR, XVG, ZEC and ZEN will stop at 8:00 UTC on Monday, but withdrawal services will still be available, Huobi said.
Huobi said that such a move “In accordance with the latest financial regulations”
Privacy Coins are cryptocurrencies. that helps in the anonymity of the user by concealing through their network And it makes it difficult to determine who sent what to whom. This is useful if you don’t want anyone to spy on your financial activities.
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