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Blog iconShaionda Ziskina
Jan 8

Korean exchanges begin delisting Litecoin due to anonymous transactions

Major cryptocurrency exchanges in South Korea have begun delisting Litecoin, which they had previously warned about. The decision to stop trading is due to the recent MimbleWimble Extension Block (MWEB) update, which allows for increased anonymity of Litecoin transactions. According to Upbit, they were guided by the Special Financial Information Act, which requires full transparency of cryptocurrency transactions in order to prevent money laundering. According to the announcement, Upbit reach...

Shaionda Ziskina

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Shaionda Ziskina
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