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Author Topic: Korean exchange delists five kinds of cryptocurrency. Do you have it?  (Read 807 times)

Offline cortanababy

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Korbit is one of the largest digital currency exchanges in Korea, and the five digital currencies are currently traded in the “Other Digital Assets” section of the exchange. Korbit said it will gradually stop trading in the five digital currencies in this forum. They are Dash, Monero, Zcash, Augur and Steem.

The delists arrangement was scheduled at 3 p.m. on May 28th. The exchange stopped the "buy" transaction and the "sell" trade would stop at 3 p.m. on June 21. However, the exchange also hinted that it may consider revisiting certain types of shelves after some time.

The purpose of the delisting is to ensure the security of other digital currency transactions before considering the restoration of certain off-the-shelf trades. Users are advised to sell or withdraw these currencies as soon as possible in order to protect interests.

After Coincheck was hacked in January of this year, the Japan Financial Services Agency (FSA) introduced new regulations that require exchanges to register and strengthen the supervision of exchanges. The currencies traded on the Japan Exchange earlier included anonymous currencies, and Japanese regulators have been concerned that these anonymous currencies are used for money laundering. Coincheck then announced the delisting of Dash, Monero, Zcash and Augur. Coincheck also left Steem. However, the reasons for Steem's withdrawal from the Exchange were related to other factors.

Five cryptocurrencies price on today:
 
Dash coin price: $ $317.71, traded up 1.90%
Monero price: $$164.96, traded up 2.76%
Zcash price: $235.57, traded up 1.35%
Steem price: $2.33, traded up 2.23%
Augur price: $$37.56, traded up 1.48%
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