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Privacy Coins Forum / Re: OKX to delist privacy coins
« Last post by NikeFit_7777 on Today at 09:17:48 AM »The SEC can file as many lawsuits as it wants, that is not a problem in itself. The problem is with the exchanges that receive these lawsuits and where their licenses operate. If those exchanges are licensed outside the United States and countries related to the United States, they will be able to continue operating without problem. The problem will come when some exchanges have to obey without being able to give their reasons, at that point they should remove the privacy coin pairs and continue on their way.Alas (unfortunately), the exchanges do what they are told. In the future, the situation will worsen in this regard, because there will be strong regulation not only of anonymous assets but also of exchanges.
Another added problem is that although there are countries where the SEC does not have jurisdiction, their governments could rely on United States regulations to, by modifying certain parts, have very similar guidelines, which would end up being the same, and authorized exchanges should also end up deleting privacy coin pairs.
There are only two ways out, or they obey the jurisdiction + those rules/laws or completely close their activities, both with exchanges and projects. In my understanding, there can be no other way. Again, what you and I are seeing is just the beginning of regulation, the further it goes the worse it gets. Alas...