Coincheck Delists XMR, DASH, ZEC, REP – Prompted by Japanese Regulator

Japanese exchange Coincheck has confirmed that it is delisting three privacy coins: monero, dash, and zcash. Augur’s reputation token will also be delisted next month. The exchange made this decision after receiving a business improvement order from the country’s financial regulator following the NEM hack.

Coincheck Delisting 4 Cryptocurrencies

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Following reports that Coincheck was going to delist monero (XMR), zcash (ZEC), and dash (DASH), the exchange officially confirmed on Friday that those cryptocurrencies will be delisted along with Augur’s reputation token (REP).

The four cryptocurrencies will be delisted on June 18, Coincheck emphasized, adding:
"The target currencies [XMR, ZEC, DASH, and REP] held on the discontinued date will be sold at the market price and converted into Japanese yen."

The sales’ proceeds will then be credited to the customers’ accounts. Before that date, customers can sell or transfer these cryptocurrencies. The exchange says it has received many transfer requests, warning that it may be several days to complete the transfers.

article link: https://news.bitcoin.com/coincheck-delists-xmr-dash-zec-rep/

This news is really alarming, this might really affect each specific coins price.

Topic: Coincheck Delists XMR, DASH, ZEC, REP – Prompted by Japanese Regulator (Read 60 times)