• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Litecoin P2P Digital Currency

Buying and selling Litecoins

  • Home
  • Gambling
    • Kingbit Casino
    • Anonymous Casino
    • Betcoin
    • Bitstarz
    • BitcoinPenguin
    • Bitcoin Games
    • All about Litecoin casino’s and the gambling market
  • Current price
  • Buy or sell
    • Coinbase (Worldwide)
    • BTCDirect (Europe)
    • Changelly (Exchange)
    • Trading and CFD
  • Technology
    • Blockchain
    • Wallets
      • Hardware wallets
  • FAQ
    • What exactly are altcoins?
    • Where can I buy Litecoins?
    • What is the price expectation of Litecoin?
    • Litecoin versus Bitcoin
    • How can I mine litecoins?
    • Investment programm and advice
    • More
  • News
  • About us
    • Advertising
    • Historie and litecoin course
    • Contact
    • Disclaimer
  • Mining
  • Wallet
You are here: Home / News / Litecoin removed by largest exchanges South Korea after privacy update

FAQ, News / 17 June 2022

Litecoin removed by largest exchanges South Korea after privacy update

South Korea’s largest cryptocurrency exchanges have begun removing litecoin (LTC) from their trading platforms. This follows the recent MimbleWimble Extension Block (MWEB) update for the cryptocurrency.

South Korean crypto exchanges have been subject to strict regulation since last year. Under the “Act on the Reporting and Use of Specific Financial Transaction Information,” these exchanges are no longer allowed to support anonymous transactions. The new law is part of stricter anti-money laundering measures.

Strict rules for privacy coins

That already caused all trading platforms in the country to remove privacy coins like monero (XMR) and zcash (ZEC) last year. Now that the Litecoin network has undergone a privacy update, these exchanges are forced to remove LTC as well. The 5 largest South Korean exchanges are removing LTC. They are Upbit, Bithumb, Coinone, Korbit and Gopax.

Filed Under: FAQ, News

Play Litecoin games!

CasinoWebsite
Open>
Open>
Open>
Open>
Open>
Open>
Open>
Open>
Open>
Open>
Open>

Footer

Tip jar:

You are the best! Thanks for donation…

LdSwopDRTVwbtG2ev3oAEJdwbDkHfKFquU

Litecoins.com

  • About us
  • Advertising
  • Contact
  • Reddcoin
  • Disclaimer
  • Historie and litecoin course

The Litecoin Foundation

111 North Bridge Road
08-19 Peninsula Plaza
Downtown Core 179098
Singapore

Copyright © 2022 · Digital Pro on Genesis Framework · WordPress · Log in