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May 21, 2018 Monero

Coincheck to Remove Monero and Three Other Anonymity-Focused Altcoins

As it has become known, the digital asset exchange Japan-based platform Coincheck announced removal of Monero (XMR), Zcash (ZEC), Dash (DASH) and Augur’s Reputation (REP) coin from its platform.

Trading of these four altcoins at Coincheck will be ceased by June 18. It should be done in accordance with counter-terrorist financing (CFT) and anti-money laundering (AML) measures issued Japan’s Financial Services Agency.

Following its new policy aimed at increasing security of the crypto market, the Japanese FSA has taken a decision to ban cryptocurrencies that grant significant anonymity to those who hold them.

It is believed that the high level of anonymity behind

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