PIVX Gets Listed on Abra, Available to US Customers
Popular privacy coin, PIVX, has been listed on Abra’s investment app. Following the listing, the privacy coin will now be available to US customers. Residents of the United States can buy, sell, or invest in PIVX via the mobile app. The app which is available to both Android and iOS users boasts of nearly 100 other cryptocurrencies available to US customers. Purchase options include bank deposits, credit cards, and legacy cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
While announcing the new listings, Abra stated that the recent additions are not yet open to international customers. International customers should expect a rollout of PIVX and other cryptocurrency listings by December.
Following the history of PIVX and other privacy coins, it is interesting to see the level of progress they are making with regards to penetration. There has been a recent crackdown by governments on privacy coins, forcing exchanges to delist them. In September, for example, South Korean Exchange, Upbit announced that it was delisting PIVX, DASH, and 4 other privacy coins, merely days after OKEx announced that it was also delisting 5 major privacy-centric cryptocurrencies. In general, regulatory bodies are concerned about the possibility of using privacy coins to launder money and fund terrorism.