Next month the Japanese cryptocurrency exchange Coincheck will remove all trading pairs involving confidential cryptocurrency Monero (XMR), zcash for (ZEC) and Dash (Dash).
Tokyo stock exchange, acquired a brokerage company Monex after the January break-in, which platform has lost $530 million in tokens NEM (XEM), may 18, has announced that it will no longer support trade in these altcoins. Recall that they allow you to make the transaction almost not traceable, unlike, for example, from bitcoin.
Coincheck representatives said that they decided to stop supporting these cryptocurrencies after the “radical revision” of the internal control system, as well as in the framework of the “new management strategy, which is designed carefully to protect customers.” At the request of the exchange, the sensitive cryptocurrency “unacceptable” because it jeopardizes the company’s ability to maintain the rules of opposition to money-laundering (AML).
CCN reports that, according to rumors, the financial services Agency of Japan (FSA), dealing with licensing platforms for trading digital currencies, putting pressure on exchanges, so they refused to place an anonymous coin.
During the January break-FSA examined the question of issuing licenses Coincheck, and part of the reason for the sale of the business Monex was the fact that the previous owners have failed to comply with the instructions of the regulator. Delisted confidential coins may be interpreted as an attempt of the new leadership to win the favor of the FSA.
The token REP from the Augur, which will be a main asset in the market forecasts that a startup may also be expelled because of his alleged Association with unlicensed gambling.
Coincheck expects that before June 18, traders withdraw their XRM, DASH, ZEC and Rep. The remaining coins will be sold at market price and converted into the yen, which will be credited in the wallets of customers.