The Travel Rule and its effect on privacy coins

News broke out that OKEX Korea will be delisting privacy coins Monero (XMR), Dash (DASH), Zcash (ZEC), Super bitcoin (SBTC), Horizen (ZEN) as they try to comply with the recently published FATF Guidelines on cryptocurrencies specifically the Travel Rule.

The travel rule requires that cryptocurrency exchanges collect and record customer information related to cryptocurrency transactions. The information includes the transaction originator’s name, account number and location, as well as the recipient’s name and account number.

Since they cannot properly collect data on privacy coin transaction, they would rather delist it.

Upbit, another Korean exchanges, has also announced its plan to delist privacy coins to abide by the FATF guidelines.

According to a notice from Korea exchange Upbit, transaction support for monero (XMR), dash (DASH), zcash (ZEC), haven (XHV), bittube (TUBE), and PIVX (PIVX) will end Monday, Sept. 30.

It has to be noted also that prior to the release of the Travel Rule, some exchanges have already delisted these type of coins.

With these developments, I think we can say that government authorities believe these coins are illegal and they keep on pressuring crypto exchanges to delist them. I'm expecting many more local exchanges to follow suit but bigger/international exchanges will keep them listed until the FATF Travel Rule becomes mandatory.

What do you think is next for these privacy coins?
Will they do changes to comply with the guidelines? or they will just ignore?