Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 235. (Read 9723733 times)

Dash has been added to physical gift card cryptocurrency platform CGift, enabling users to easily purchase redeemable Dash cards.

BitGo Staking Launches with Dash and Algorand

https://www.businesswire.com/news/home/20191003005289/en/BitGo-Staking-Launches-Dash-Algorand

#dash_force

Brazilian Cointrade.cx Adds InstandSend support by Dash

https://www.cryptonewsz.com/brazilian-cointrade-cx-adds-instandsend-support-by-dash/44882/

#dash_force

Bookmarked, thank you for the link.

Venezuela exchange rolls out Crypto Debit Card with Petro support ( incl Dash, BTC, Eth)
https://cointelegraph.com/news/venezuelan-exchange-rolls-out-crypto-debit-card-with-petro-support

There are quite a few exchanges and brokers who support InstantSend actually https://www.dash.org/full-list-of-exchanges/ but I agree, the more the better

Finally an exchange with Instasend support. Tho it is aimed to markets - let's see will other exchanges pick up and will it boost adoption!

Cointrade.cx, a Brazilian cryptocurrency exchange, has recently added Dash, including explicit InstantSend support, enabling users to deposit on to the platform instantly with Dash.

The FATF is specifically calling them "virtual assets" and it includes anything crypto related, ranging from crypto exchanges to
custodial wallet providers to all cryptocurrencies. These "virtual assets" needs to comply with FATF recommendations, including
this "travel rule" which goes beyond the basic KYC rules, which mostly involves the verifying and keeping records of their own
users’ identities and operations. The travel rule aims at something else :

* to capture any VA transfer above 1.000 USD in the cross-border wire-transfer framework**  
* to oblige all VASPs to get and to pass their customer’s information to each other when transferring funds and to take freezing actions
  and prohibiting suspicious transactions just as banks or other financial entity are required to do

This could become problematic for exchanges, when they have cryptocurrencies listed that have :

* shielded amounts (means no capturing of any VA transfer above 1000 USD in that cross-border wire-transfer framework**)
* shielded addresses (so no public knowledge about who is sending and who is receiving those transactions)

** i assume this also relates to crypto transactions with above 1000 USD value, circulating on crypto frameworks

I'm not sure if exchanges found a workaround for this or not. Dash does not have shielded addresses or shielded amounts and can
therefore just like Bitcoin more easily comply with this travel rule, but other cryptocurrencies like Monero and Zcash do have shielded addresses, shielded amounts or both active on their blockchain (either by default active or optionally active).

So i consider KYC rules and FATF ruling (including travel rule) two separate level of requirements, where KYC is mandatory i believe
and FATF ruling recommandations are not mandatory, but FATF could punish a country by blocking its access to the global payment network.
(not very likely that this will ever happen, but still).
 
We will just have to see if this travel rule survives in its current form or if it gets adjusted next year after a year long review (june 2020)
by the FATF. Because this travel rule does not fit as easily with the crypto world (and introduces some serious privacy issues), while it does
fit more naturally with the global banking world (where its primarily designed for).

I think the travel rule is not even about whether currency is private or not. Isn't it more about exchange knowing where the funds are coming from (deposits) and where the funds are being sent to (withdrawal)? All exchanges, who have KYC procedures in place, know all this anyway so this delisting shenanigans is just strange.

You possess insider information, share))
Or while all competitors sleep, investors sit in dollars, not knowing where to put them, let the team run ads and pump the coin.
Against the background of the General red market of all cryptocurrencies, DASH will stand out in green, it will be promising and people will throw their savings into DASH.
On coinmarketcap.com dash will be included in the top five!
And after that you can dream to overtake Ethereum and especially Bitcoin))

Your team has been screaming for years that Bitcoin is worse than DASH, but she constantly loses positions. So start to finally to do conclusions!

Just dont gamble all your Dash away  

qwizzie, on your have DASH all well, but this lies!
Clearly explain investors, where the $ 1400 is for 1 DASH? Or where 1000, 500? At least 200, WHERE?
DASH capitalization is negligible, and the price is constantly getting smaller and smaller ↓↓↓

nice update and its looks like a cool gambling sites base on the looks i will try this gambling site one of this day .

Cryptocurrency payment solution UTRUST has integrated Dash payments, opening up Dash payments to partner Whow Games, an online social gaming platform, offering instant transactions, buyer protection, and crypto-to-cash settlements for consumers seeking to participate in online games.

Thats just Alexey45 spreading FUD (which is why i put him on ignore).

FATF put a list of recommendations out for its member countries to follow (these are not mandatory for exchanges, just guidelines).
Part of these recoomendations includes a "travel rule", which already exist for banks and is now introduced to crypto exchanges as well.
This travel rule allows information gathering on senders and receivers from crypto transactions. Just like Bitcoin has an open blockchain
with public viewable addresses of senders and receivers, so has Dash. This means Dash can comply with this travel rule and the FATF ruling
in general, to the same extend as Bitcoin can.

There is catch though, both Bitcoin and Dash use optional coinmixing on their network through CoinJoin. With Bitcoin this happens
through several wallets that support CoinJoin mixing and consists of 4% usage on its network. With Dash this optional CoinJoin mixing is
called PrivateSend and consists of less then 1% usage on its network.

Link : https://bitcoinmagazine.com/articles/percentage-coinjoin-bitcoin-transactions-triples-over-past-year    
Link : https://dashradar.com/charts/privatesend-transactions-per-day

Since Dash and Bitcoin are both open blockchains and Dash is a fork of Bitcoin and they both use optional CoinJoin mixing on their network (Bitcoin more then Dash), there is no legal difference between Dash and Bitcoin and therefore Dash should be treated the same as Bitcoin by exchanges (most exchanges indeed do treat Dash the same as Bitcoin).  

To comply with the travel rule exchanges and custodial wallet providers either use their own system of gathering this information,
or they use a recentely developed open source solution, named TRISA

CipherTrace unveils open source solution for crypto Travel Rule compliance ‘TRISA’
https://tokenpost.com/CipherTrace-u...-for-crypto-Travel-Rule-compliance-TRISA-3369

There were some exchanges that decided to delist certain cryptocurrencies that provide privacy on their transactions, because
of pressure by their government or because these cryptocurrencies could not apply to the travel rule. For cryptocurrencies
like Monero and Zcash thats understandable, as they actually shield their sender and receiver information on-chain and can therefore
possibly not comply to this travel rule (i say possibly because i dont know if TRISA can work on privacy coins with shielded
addresses that are active by default). For Dash getting delisted, while being able to comply to this travel rule is strange, they may as well
delist Bitcoin then as well. Most exchanges seem to have no problem with Dash and Dash still gets listed on new exchanges on
a daily basis (Coinbase, Coinbase Pro, Binance US, Vaultoro, Bibox and many others). These would not have integrated Dash,
if they thought Dash could not comply with these FATF recommendations.

So far the delisting of privacy coins (including Dash) concerns a few exchanges in the following countries :

Japan (Coincheck)
UK (Coinbase UK, CEX.io)
South Korea (OKEx Korea*, Upbit)

* this the lessor known smaller exchange OKEx Korea, not to confuse with OKEx who still has Dash listed.
 
And on state level : New York State (excluded by Coinbase Pro for Dash)
New York State is not a delisting by the way, its just very difficult to receive a listing there, because of its Bitlicense.

I think some of these exchanges failed to inform their governmental organisation that put pressure on them
to delist these privacy coins, that Dash is not privacy-centric anymore (unlike Monero and Zcash, who fully focus
on privacy / privacy-centric, Dash just provide its privacy optional as one of many services), and therefore should not be classed
together with these privacy cryptocurrencies anymore.  

https://forklog.com/bitkoin-birzha-okex-korea-anonsirovala-delisting-vseh-anonimnyh-kriptovalyut-iz-za-fatf/

where can I see news about this? and what is the reason DASH has been removed from some exchanges? hope this does not happen in many exchanges. would be very bad if it happens because many people assume and believe it and hope it doesn't happen in a big exchange

FATF will ban exchanges from trading DASH.

mining profitability is veryyyy low yet I do not understand the constant increase in hashrate.

It is very worrying that DASH has begun to be removed from some exchanges as an anonymous currency...