April 26, 2024

Bitstamp Exchange Considering Zcash Listing

Bitstamp Exchange Considering Zcash Listing

Bitstamp, one of the oldest cryptocurrency exchanges, is exploring the prospects of adding Zcash to its list of trading instruments.

Due to the renewal of the FATF financial principles allmore crypto exchanges refuse to support digital assets with a high level of confidentiality. However, the Luxembourg trading platform announced that it is considering supporting ZEC.

Currently, the exchange is conducting a comprehensive examination of seven projects at once: Stellar, Ethereum Classic, Zcash, 0x, Basic Attention Token, Paxos Standard and USD Coin.

This is the first revision of the trading listBitstamp tools over the past three years, andadding any new assets will require compliance with strict selection criteria, as well as regulatory approval in certain jurisdictions. Therefore, the exchange does not guarantee listing of new coins, but strives for this.

In addition to tightening the guidelines, the FATF intends to launch a global monitoring system for cryptocurrency transactions.

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