The FATF “travel rule” which essentially disallows user privacy when transferring funds out of exchanges has caused OKEx to delist privacy coins.
I expect this to be a common occurrence moving forward. There will be a war on privacy-oriented cryptos. Better infrastructure will be needed for adoption. GRIN needs to keep this in mind. Better UX, better TX experience, better DEX/swap capabilities, better wallets, etc… There is an opportunity to beat Monero/Zcash in these areas, as they rely heavily on centralized exchanges.
DEXs, atomic swaps and P2P wallet enablement will become more important for privacy coins. I am concerned GRIN won’t be considered for many listings because FATF is beginning to infringe on many Asian/EU exchanges. If Binance gets FATF heat, wave goodbye to a listing.
Confidentiality is good for scammers, but if you are anonymous, then from a psychological point of view, it’s not difficult for you to conduct transactions, but in fact you are not so much anonymous, as you think.
Sorry for my English