Bitstamp, one of many longest-running energetic cryptocurrency exchanges, is contemplating launching a batch of recent crypto asset listings.Curio
Bitstamp, one of many longest-running energetic cryptocurrency exchanges, is contemplating launching a batch of recent crypto asset listings.
Curiously, Bitstamp is considering assist for Zcash (ZEC), regardless of an rising variety of exchanges searching for to distance themselves from privateness cash resulting from related regulatory dangers.
Bitfinex considers first new listings in three years
On March 31, Bitstamp introduced it’s “actively exploring” assist for seven crypto property, together with two stablecoins and one privateness coin.
The potential listings comprise Fundamental Consideration Token (BAT), Ethereum Traditional (ETC), Stellar Lumens (XLM), Paxos Customary (PAX), 0x (ZRX), USD Coin (USDC), and Zcash.
Exchanges abandon privateness cash
In 2019, up to date cash laundering pointers from the Monetary Motion Activity Power, or FATF, comprised the catalyst for a spate of privateness coin delistings.
Throughout August 2019, main U.S.-based alternate Coinbase introduced that it will now not supply assist for Zcash custody and pairing for purchasers primarily based within the U.Okay.
In September, South Korean exchanges, OKEx and Upbit, introduced they might stop assist for a number of privateness cash together with ZEC, Monero (XMR), and Sprint (DASH); crypto property described as “the three nameless siblings” by Japanese regulators.
BitBay additionally dropped XMR in November 2019.
Customers might even see indicators of potential listings on Bitstamp
The alternate notes that consideration of the possible listings will contain “strict technical, security and compliance evaluations, in addition to regulatory approval in sure jurisdictions.”
Bitstamp provides that customers could discover “indicators of engineering work” associated to the crypto property into account, including: “We can not assure that this can lead to any new listings and it doesn’t disqualify another property from being monitored for potential assist at Bitstamp.”
Ought to Bitstamp assist a brand new crypto asset, it will likely be the alternate’s first new itemizing since Bitcoin Money in 2017, and the primary itemizing launched by NXMH — the Belgium-based funding firm who acquired Bitstamp in October 2018.