ShapeShift removed Monero and Dash crypto from the listing

09.11.2020
Crypt currency exchange ShapeShift has delisted anonymous crypt currencies Monero and Dash. The reason for this decision could be the growing attention of regulators to confidential cryptographic assets.

As reported by ShapeShift representative, a delisting of anonymous XMR and DASH cryptovalues was performed on the trading floor. The Exchange didn’t warn users about the exclusion of cryptovalues from the listing in advance and didn’t make an official statement about it;

ShapeShift does not specify whether the coins were delisted as part of business process re-engineering or at the request of the regulators. Founder and CEO of the exchange Erik Voorhees said:

«We decided to delist Monero a few months ago, but now I can’t give you any more comments on this.»

Regulators are more and more interested in anonymous cryptographic transactions. According to Europol’s latest online organized crime threat assessment report for 2020, anonymous cryptovalues and wallets with privacy functions were recognized as «major threats»;

Recall also that last month the U.S. Internal Revenue Service (IRS) selected Chainalysis and Integra FEC to create tools for transaction tracking of anonymous Monero cryptographic currency and second-tier protocols