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TEXXR

Chronicles

The story behind the story

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Coinbase tells UK customers to convert their Zcash to other coins or move it to external wallets, otherwise it will automatically convert to pounds on Aug. 26

The U.K. arm of Coinbase appears to be dropping support for the privacy-focused cryptocurrency zcash.

CoinDesk Daniel Palmer

Discussion

  • reddit reddit on reddit
    Zcash delisted from Coinbase in the UK (not US nor EU). Any reasoning?
  • @deskofwilkes Alex on x
    @zcash @ElectricCoinCo @coinbase what's going on with Zcash in the UK? pic.twitter.com/6GWS9CuIoH
  • @alistairmilne Alistair Milne on x
    Delisting $ZEC was probably a pre-condition of Coinbase getting access to the UK's ‘faster payments’ system back ... (i.e. it wasn't a regulatory requirement, but a banking one)
  • @jamestitcomb James Titcomb on x
    Is there a more terrifying four words right now than “automatically convert to pounds”? https://twitter.com/...
  • @mayazi Maya Zehavi on x
    Is this a signal the UK is seeking to ban private coins? https://www.coindesk.com/...
  • @mdudas Mike Dudas on x
    Zcash too private for @coinbase and the UK government? https://www.theblockcrypto.com/ ...