Binance1 is planning to delist Monero and other privacy coins that do not allow transaction monitoring, starting from June 26 2023, according to emails2’3’4 received by users in several EU countries (France, Italy, Poland and Spain):
Dear Binancian, We are sending you this email to formally inform you that, due to local regulatory requirements, Binance is unable to offer privacy coins that do not allow transaction monitoring [..]
Affected coins also include DCR, DASH, ZEC, ZEN, PIVX, NAV, SCRT, XVG, FIRO, BEAM, and MOB.
June 26: All spot trading operations and deposits will be blocked September 26: All Loan positions will be automatically closed September 29: All Flexible EARN positions will be closed October 26: Selling via Convert will be blocked
This is an ongoing story and the report will be updated when new information is available.
License: CC BY 4.0, no changes were made to the article.