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Home Cryptocurrency

Coinbase may limit ZCash trade for UK residents

PaxFun by PaxFun
September 15, 2021
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Coinbase, a UK-based division within the cryptocurrency exchange, promises to carry out delisting for the privacy-oriented cryptocurrency ZCash.?Platform users received some text with the appropriate notification.

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So, delisting is supposedly scheduled for August 26, thereafter the remaining ZEC shall be automatically changed to British pounds if users really do not withdraw it.

Representatives of Electric Coin Company (ECC) emphasized that delisting will occur only at Coinbase, and ZCash is fully compliant with British law and KYC / AML requirements.

Coinbase representatives didn’t yet commented in news bulletins.

So, earlier because of pressure from your local regulator, delisting of cryptocurrencies guided toward increased privacy was announced by your Japanese exchange Coincheck.?The ban on listing anonymous cryptocurrencies?has long been?in?force?in Japan since June 2019 .

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