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Zcash ‘Brexits’ as Coinbase Delists Privacy-Focused Altcoin in the UK

Published 08/12/2019, 07:05 AM
Updated 08/12/2019, 07:21 AM
Zcash ‘Brexits’ as Coinbase Delists Privacy-Focused Altcoin in the UK

United Kingdom-based customers of Coinbase are reportedly being informed that the exchange will be dropping support for the privacy-focussed Zcash as of Aug. 26, 2019. The same does not appear to apply to United States or European Union customers, however, prompting speculation on the reasoning behind the move.

The communication being sent to customers gives a number of options on how to proceed. Option one, any Zcash held on Coinbase can be converted into any other cryptocurrency on the exchange. Option two, simply send the Zcash to an external wallet or another exchange.

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