Huobi Global to delist Monero and six other privacy tokens, citing regulatory compliance efforts.
Cryptocurrency exchange Huobi will delist seven different privacy coins from its platform as regulatory pressure mounts on anonymity-enhanced currencies .
These tokens will begin to be delisted on Sep. 19, while deposit services were ceased on Sep. 12 in correspondence with the announcement. Users were urged to cancel open orders for the privacy coins, while the exchange will cancel any existing orders at the delisting time and credit users spot accounts.Huobi noted that it made efforts to meet compliance policies of more than 100 countries in which its services are available.
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