Crypto exchange Huobi revealed that it had already terminated trading for Dash (DSH), Decred (DCR), Firo (FIRO), Monero (XMR), Verge (XVG), Zcash (ZEC) and Horizen (ZEN) on September 6.
Deposits for each coin will also cease as of September 12, but withdrawals will continue to function.
A complete delisting of all of these tokens is slated for September 19.
As Huobi explained, the decision is an effort to comply "with the latest financial regulations," as well as its own global token management rules. The exchange has yet to respond to Decrypt's request for comment.
“Huobi Global strictly complies with the compliance policies of every country and region and always endeavors to safeguard our users' assets,” said the firm.
Huobi asked users to cancel any open orders they have for each coin. If they don’t, those orders will be auto-canceled at the time of delisting, and relevant assets will be credited to users’ accounts.
The announcement marks another roadblock created by regulators...
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