Why are the regulators not right in the head, how can you ban anonymity, unless you want to the recipient know how much money you have in your wallet?
[Market] Monet to (XMR), dash (DASH), if the cache (ZEC), Haven (XHV), bit tube (TUBE), blood Bex (PIVX) designated note event instructions
09.09.2019 11:03
Hi. Upbeat.
XMR, DASH, ZEC, XHV, TUBE, and PIVX were designated as significant events.
Below is a detailed list of reasons for designation, so please check the following items.
[Steps after the designation of the relevant item]
Upbeat will review the relevant cryptocurrency for a week after the designation of the item to determine whether it will be delisted.
If the reason for the designation of the event is not fully explained during the calling period, UPBIT will provide a notice for the end of the transaction support through a separate notice, and the exact end of the transaction support will be informed through the end of the transaction support. .
Cryptocurrencies designated as significant items cannot be deposited after the posting of this notice.
The designation of upbit cryptocurrency shares and the end of trading support are subject to the upbit cryptocurrency trading end policy.
:
End of support for upbit cryptocurrency trading
[Guide to Reason for Designating Events]
At the General Assembly held in October 18, the International Anti-Money Laundering Organization ("FATF") agreed to apply the FATF International Standard for Virtual Asset Service Providers. It has been completed by month and has been published in comments and guides.
Later, in the second general meeting held in February 19, FATF confirmed the statement in the comment, except for the transfer of virtual assets, and issued it in a statement. According to the statement, the amendments to the FATF R.15 note to be applied set a number of criteria, including those that require virtual asset handling companies to apply to financial institutions and to register and register at legal locations. Particularly applicable, R.16 states that the collection and retention of information related to the sender and the recipient of the virtual asset is described. Apart from the discussion of institutionalization, in respect of the FATF's agreement that cryptographic assets should not be used for money laundering or illegal purposes, Upbit will support the progressive designation of significant stocks and transactions for private cryptocurrencies where it is difficult to clearly identify the sender and recipient. You have decided to take action.
"Monero" (XMR), "DASH", "ZCASH", "Have" (XHV), "Bittube", " Cryptography with privacy characteristics for the implementation of this decision ." We will designate PIVX as a major event and will end the provisional transaction support.
We will always do our best for your safe transaction.
Thank you.
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[Market] Designation notice of Monero (XMR), Dash (DASH), ZCASH (ZEC), Haven (XHV), BitTube (TUBE), PIVX (PIVX) as Investment Warning Crypto-asset
Dear Upbit's Investors,
XMR, DASH, ZEC, XHV, TUBE, PIVX have been put as Investment warning Crypto-asset.
We will inform you of the reasons for specifying details below. If you retain these Crypto-assets, please check the following guides below.
Guide for steps after designation
Up to one week after the designation of investment warning Crypto-asset, Upbit will review those Crypto-asset in detail and proceed with elucidation process.
During the process, if the elucidation is not fully satisfied, Upbit will inform the termination of transaction listing through a separate announcement. The termination of transaction schedule will be updated on the announcement of the termination of transaction listing.
Designation procedure of investment warning Crypto-asset and termination of transaction proceedings are subject to the Upbit's Termination policy for Crypto-asset transaction support.
:
Upbit Crypto-asset Transaction Termination Policy
Reasons for Investment Warning Designation
At the General Assembly held in October 2018, the International Anti-Money Laundering Organization (hereinafter "FATF") agreed to apply the FATF International Standard for Virtual Asset Service Providers and agreed to publish the detail guideline for implementation by June of 2019.
At the second general meeting held in February 2019, FATF finalized the statement in the comment, except for the transfer of virtual assets, and issued it in a statement. The amendment to the FATF R.15 states companies handling virtual assets must hold the standard equivalent to that of financial institutions and to register / report its legal business of operation.
Particularly applicable in R.16, it states that the collection and retention of information related to the sender and the recipient of the virtual asset. Apart from the institutionalization discussions, in respect of the FATF's agreement that crypto-assets should not be used for money laundering or illegal purposes, Upbit has decided to designate privacy coins which is difficulty to identify the sender and recipient as investment warning.
For above, we will designate the following coins for investment warning: Monero (XMR) "," Dash (DASH) "," Zcash (ZEC) ", Haven (XHV)", "Bitube (TUBE)", "PIVX (PIVX) ) " .
Upbit will always put your assets in front of everything.
Thank You.
Upbit team
https://upbit.com/service_center/notice?id=984