Japanese exchange Coincheck has confirmed delisting Monero, Dash and zcash for. Next month token Augur will also be removed from trading on the site. The exchange made the decision after receiving the order on modification of their work from financial regulator of the country that followed the hacking of the platform in January of this year.
After reports that Coincheck is going to deleteroute Monero (XMR), zcash for (ZEC) and Dash (Dash), last Friday the exchange has officially confirmed that these cryptocurrencies, along with the token Augur (REP) will no longer be traded on the platform. Four cryptocurrencies will delestrogen June 18. In Coincheck note:
«These currencies [XMR, ZEC, DASH and REP] remaining in storage on the day of their delisting from the auction, will be sold at market price and converted into the Japanese yen».
Then sales will be credited to customer accounts. Until that date, customers can sell or transfer these coins. Representatives of the exchange report that got a lot of jobs and warn that they may take a few days. After the delisting of four of the cryptocurrency, the platform will continue to trade BTC, ETH, ETC, LSK, FCT, BCH, XRP, LTC and XEM.
After hacking the exchange in January and steal 500 million NEM, Coincheck has been tested with the regulator – the financial services Agency of Japan (FSA). Coincheck – «kasimira». This means that it has received a preliminary license from the regulator while its application is considered by the authorities to obtain a full license. March 8 the exchange has received the order to improve their business operations. A few months after the hack, the exchange was acquired by Monex Group.
Also Coincheck note that in accordance with the FSA order, they are «radically revise» their systems of internal control and management, as well as their «management strategy, which carefully protects customers,» the statement said.
«It’s important for us to continue to develop and strengthen management systems in accordance with the rules on combating money laundering and financing of terrorism».
CEO: Oki Matsumoto (Oki Matsumoto) expects that «the exchange will receive the official license in Japan next month», — notes the edition Fortune.
The newspaper Nikkei reported earlier this month that the FSA has released five new rules for kryptomere. One of them concerns the types of cryptocurrencies traded on platforms. The cryptocurrency, «which provide a high level of anonymity and are easily used for money laundering» will be banned for listing. The FSA «strongly demands implementation of measures to combat money laundering and the financing of terrorism not only from Coincheck, but also from other operators of cryptocurrency exchanges,» said News24.
In connection with the requirements of the FSA, none of the 16 licensed stock exchanges in Japan did not include XMR, ZEC, DASH or REP in their operations.