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Author Topic: Huobi Delisted Privacy Coins  (Read 5201 times)

Offline Zardbeig

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Huobi Delisted Privacy Coins
« on: September 20, 2022, 01:35:03 PM »
Huobi, once one of the largest Chinese cryptocurrency exchanges, will delist a number of privacy-focused tokens including Zcash and Monero amid rising regulatory concern worldwide.

“Huobi Global strictly complies with the compliance policies of every country and always endeavors to safeguard our users’ assets,” the firm said in a statement dated Sept. 11. The tokens that were delisted on Sept 19 include Zcash, Monero, Dash, Decred, Firo, and Verge.

Unlike Bitcoin or Ether, privacy tokens such as Monero are designed to avoid tracking. Privacy is a key objective of many crypto proponents, however, there have been increased regulatory concerns in the digital-asset privacy sector.

Does this mean that decentralized exchanges will become more popular? Or they can be also forced to delist coins? And what will happen to the privacy coins market and who's next?

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Huobi Delisted Privacy Coins
« on: September 20, 2022, 01:35:03 PM »

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Online trendcoin

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Re: Huobi Delisted Privacy Coins
« Reply #1 on: September 25, 2022, 08:37:37 PM »
Regulators are right about this. If we really want to be under the control of regulators, we should not criticize this issue. I don't want a regulated market. That's why I don't find this ridiculous arrangement appropriate. If the cryptocurrency market is under the control of regulators, the market will have no flavor.
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Offline Marryan

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Re: Huobi Delisted Privacy Coins
« Reply #2 on: September 27, 2022, 09:46:11 AM »
Huobi, once one of the largest Chinese cryptocurrency exchanges, will delist a number of privacy-focused tokens including Zcash and Monero amid rising regulatory concern worldwide.

“Huobi Global strictly complies with the compliance policies of every country and always endeavors to safeguard our users’ assets,” the firm said in a statement dated Sept. 11. The tokens that were delisted on Sept 19 include Zcash, Monero, Dash, Decred, Firo, and Verge.

Unlike Bitcoin or Ether, privacy tokens such as Monero are designed to avoid tracking. Privacy is a key objective of many crypto proponents, however, there have been increased regulatory concerns in the digital-asset privacy sector.

Does this mean that decentralized exchanges will become more popular? Or they can be also forced to delist coins? And what will happen to the privacy coins market and who's next?

It seemed to me that decentralized exchanges began to gain popularity a little earlier. And it started with the attempts of the authorities of different countries to cancel Bitcoin, and then Monero. I remember that about six months ago, European exchanges massively began to delist Monero. And anonymous exchanges like Crypton exchange https://crp.is/ from Utopia p2p - on the contrary added.

Offline Zardbeig

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Re: Huobi Delisted Privacy Coins
« Reply #3 on: September 27, 2022, 01:54:03 PM »
Regulators are right about this. If we really want to be under the control of regulators, we should not criticize this issue. I don't want a regulated market. That's why I don't find this ridiculous arrangement appropriate. If the cryptocurrency market is under the control of regulators, the market will have no flavor.
Then what about privacy coins and decentralization? Do you think it's also not a way out? As I was looking that way to continue my regular crypto life.

Offline Marryan

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Re: Huobi Delisted Privacy Coins
« Reply #4 on: September 30, 2022, 07:29:54 PM »
Decentralization and privacy coins are really good opportunities for users, in my opinion. I don't know what else to say, but I think you just need to spend time searching for suitable and worthy projects.

Offline Zardbeig

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Re: Huobi Delisted Privacy Coins
« Reply #5 on: October 04, 2022, 12:32:55 PM »
I know the projects that suit me, but I worry about the delisting, regulations and sanctions. Now is a good moment for investment, but I'm not sure which platforms to choose for exchange, storage and all the other crypto related stuff.

Offline Marryan

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Re: Huobi Delisted Privacy Coins
« Reply #6 on: October 10, 2022, 06:20:03 AM »
I'm sure you've already heard of Utopia p2p https://u.is/ ecosystem, which has no analogues on the web and provides a full anonymity to its users. Crypton transactions are completely anonymous + Crypton (CRP) is integrated by over 1800 online stores.

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Re: Huobi Delisted Privacy Coins
« Reply #6 on: October 10, 2022, 06:20:03 AM »


Offline Zardbeig

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Re: Huobi Delisted Privacy Coins
« Reply #7 on: October 11, 2022, 08:49:18 AM »
I've heard about it as quite a lot of news regularly appears around that project. Seems that they're working hard on project improvement. Good for them, maybe it will force their coin to grow faster.

Offline Marryan

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Re: Huobi Delisted Privacy Coins
« Reply #8 on: October 18, 2022, 05:04:12 AM »
By the way, now TradeOgre, Anonymous Crypto Exchange, Is Available within the Utopia Ecosystem: https://utopiap2p.medium.com/now-tradeogre-anonymous-crypto-exchange-is-available-within-the-utopia-ecosystem-fbb9c2972b28 I think they have great potential.

Offline Zardbeig

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Re: Huobi Delisted Privacy Coins
« Reply #9 on: October 18, 2022, 12:14:11 PM »
Quite an interesting collaboration. It will help both of them to get extra attention and public. A kind of cross marketing. Let's see what's next.

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Re: Huobi Delisted Privacy Coins
« Reply #10 on: October 25, 2022, 01:39:01 AM »
In an era when freedom of expression and human rights are no longer respected, the software like the Crypton Exchange from the Utopia p2p is undeniable.

Offline Zardbeig

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Re: Huobi Delisted Privacy Coins
« Reply #11 on: October 25, 2022, 01:08:27 PM »
I've just checked that OKEx Korea, Upbit, Kraken and some other crypto exchanges are also delisting privacy coins already. Well, I don't like this movement. Privacy coins are the only ones now that feel more or less well on the market. No kyc decentralized exchanges have to take their top places now.


Offline Marryan

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Re: Huobi Delisted Privacy Coins
« Reply #12 on: November 01, 2022, 04:32:49 AM »
You're right. Non-KYC crypto exchanges ensure that they don’t control a user’s funds and can’t watch their transactions.

Offline Zardbeig

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Re: Huobi Delisted Privacy Coins
« Reply #13 on: November 01, 2022, 11:15:00 AM »
You're right. By the way, I've checked Crypton exchange from Utopia P2P that you've mentioned and it seems reliable and promising. I just wonder if they plan to add more coins as it's quite a little for now.

Offline Marryan

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Re: Huobi Delisted Privacy Coins
« Reply #14 on: November 03, 2022, 12:14:59 AM »
I heard that the Utopia P2P plans to release its democratic Launchpad platform, which will help new crypto projects and startups to grow and launch.

 

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