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Privacy is a constitutional right, not a crime. It's deeply disappointing to see exchanges remove assets just because they have privacy-preserving features. There's no law or regulation requiring this, just DOJ's opinion that privacy is "indicative of possible criminal conduct."

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Bittrex

@BittrexExchange

· Jan 1, 2021

#Bittrex Customers: The $XMR, $ZEC, and $DASH markets will be removed on Friday, January 15th at 23:00 UTC. Details: bittrex.zendesk.com/hc/en-us/artic

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No business voluntarily turns away customers without a business reason to do so. What could make continuing to operate these markets a net negative? Existential threat from regulator or, more likely, a critical business partner whose relationship is worth more than the customers.

2:14 AM · Jan 2, 2021Twitter for iPhone

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So the business partner is getting an existential threat from a regulator?

Jake Chervinsky

@jchervinsky

Jan 2, 2021

It could just be a partner with significantly lower risk tolerance, not a true existential threat. That's been an issue for crypto companies maintaining banking relationships for a long time. But even then, the problem is still downstream of a regulatory compliance concern.

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Nicolas Burtey

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What type of business partner?

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Acquirer relationship. Obvious at this point

Stacking Sats!

@stackingsatz

Jan 2, 2021

If you don’t have on ramps, you won’t have customers.

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Maybe someone using one of these coins to fund money laundering or even terrorism.. not a good look to be offering them on your platform if you have to way of identifying where they came from?

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Probably their banking services provider.

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This "critical business partner" is likely a bitcoiner aware of #Monero's superior utility over #BTC, and needs to protect the viability of his investment. XMR transactions increased 287% in 2020, while BTC's went down. XMR poses an existential threat to BTC and maxis know it.