Binance reverses decision to delist privacy coins in Europe
In a comment from the cryptocurrency exchange received on June 26, Binance said:
“After carefully considering feedback from our community and several projects, we have revised how we classify privacy coins on our platform to comply with EU-wide regulatory requirements.“
It also commented that since it operates as an exchange registered in various European Union jurisdictions, it is “obliged” to follow local regulations that require exchanges to “be able to monitor transactions for coins listed on our platform.“
Initially, Binance was to delist privacy tokens for users in France, Italy, Spain and Poland, rendering them unable to buy or sell 12 privacy tokens beginning on June 26.
Per the emails users received, BEAM, XMR, MOB, FIRO and ZEN are still included in the restrictions.
Since the overall ban has been retracted, various projects have taken to Twitter to reassure community members. Verge Currency posted its update as early as June 22
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