{"id":80764,"date":"2023-06-26T15:16:52","date_gmt":"2023-06-26T12:16:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80764"},"modified":"2025-09-11T18:56:52","modified_gmt":"2025-09-11T15:56:52","slug":"binance-reverses-plan-to-delist-privacy-coins-in-eu-countries","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-reverses-plan-to-delist-privacy-coins-in-eu-countries\/","title":{"rendered":"Binance reverses plan to delist privacy coins in EU countries"},"content":{"rendered":"<p>The cryptocurrency exchange Binance has revised its <a href=\"https:\/\/u1f987.com\/en\/news\/binance-to-delist-privacy-coins-in-four-eu-countries\">delisting decision<\/a> for privacy tokens in France, Italy, Poland and Spain, according to company representatives cited by Cointelegraph.<\/p>\n<p>On June 26, the exchange was preparing to remove from the list the coins Decred (DCR), <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-the-dash-cryptocurrency-and-how-does-it-work\">Dash<\/a> (DASH), <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-zcash-zec\">Zcash<\/a> (ZEC), Horizen (ZEN), PIVX (PIVX), Navcoin (NAV), Secret (SCRT), Verge (XVG), Firo (FIRO), Beam (BEAM), <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-monero-xmr\">Monero<\/a> (XMR) and MobileCoin (MOB).<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;After a thorough analysis of feedback from our community and several projects, we have reconsidered how we classify anonymous coins on our platform to comply with EU regulatory requirements,&#8221; Binance said.<\/p>\n<\/blockquote>\n<p>The firm noted that the exchange is registered in various EU jurisdictions and is &#8220;obliged&#8221; to follow local rules that require &#8220;transaction tracing&#8221; for assets listed on the platform.<\/p>\n<p>On June 22, representatives of one of the privacy-focused projects \u2014 Verge Currency \u2014 said that the native token XVG would remain available on Binance for European users.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">We are pleased to inform you that <a href=\\\"https:\/\/twitter.com\/search?q=%24XVG&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$XVG<\/a> will remain unaffected by <a href=\\\"https:\/\/twitter.com\/binance?ref_src=twsrc%5Etfw\\\">@binance<\/a>&#8216;s trading restrictions on <a href=\\\"https:\/\/twitter.com\/hashtag\/privacy?src=hash&#038;ref_src=twsrc%5Etfw\\\">#privacy<\/a> coins in certain EU countries. <\/p>\n<p>Verge utilizes a public <a href=\\\"https:\/\/twitter.com\/hashtag\/blockchain?src=hash&#038;ref_src=twsrc%5Etfw\\\">#blockchain<\/a> with visible transactions, amounts, and wallet addresses. <a href=\\\"https:\/\/twitter.com\/hashtag\/vergefam?src=hash&#038;ref_src=twsrc%5Etfw\\\">#vergefam<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&#038;ref_src=twsrc%5Etfw\\\">#crypto<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/ISO20022?src=hash&#038;ref_src=twsrc%5Etfw\\\">#ISO20022<\/a><\/p>\n<p>\u2014 VergeCurrency (XVG) (@vergecurrency) <a href=\\\"https:\/\/twitter.com\/vergecurrency\/status\/1671821601094901763?ref_src=twsrc%5Etfw\\\">June 22, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Plans were also confirmed by Secret Network that Binance&#8217;s plans.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">You spoke, and Binance listened!<a href=\\\"https:\/\/twitter.com\/binance?ref_src=twsrc%5Etfw\\\">@binance<\/a> will not be delisting <a href=\\\"https:\/\/twitter.com\/search?q=%24SCRT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$SCRT<\/a>, along with six other privacy-focused cryptocurrencies, in European countries. Read the full story below!<\/p>\n<p>Read: <a href=\\\"https:\/\/t.co\/woAkM139yk\\\">https:\/\/t.co\/woAkM139yk<\/a> <a href=\\\"https:\/\/t.co\/U3CouL4vFH\\\">pic.twitter.com\/U3CouL4vFH<\/a><\/p>\n<p>\u2014 ?ecret Network ?\u26a1\ufe0f (@SecretNetwork) <a href=\\\"https:\/\/twitter.com\/SecretNetwork\/status\/1672244057928597506?ref_src=twsrc%5Etfw\\\">June 23, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>On 31 May, the European Banking Authority proposed amendments to the MiCA regulation, which was adopted on 20 April. According to the <a href=\\\"https:\/\/www.eba.europa.eu\/eba-consults-amendments-guidelines-money-laundering-and-terrorist-financing-risk-factors-include\\\">document<\/a>, anonymous cryptocurrencies pose risks to tracing potential money laundering and terrorist financing.<\/p>\n<p>Earlier in 2021, Bittrex <a href=\"https:\/\/u1f987.com\/en\/news\/bittrex-to-delist-privacy-focused-coins-monero-zcash-and-dash\">announced delisting<\/a> Zcash, Dash and Monero. A similar move was taken by <a href=\"https:\/\/u1f987.com\/en\/news\/shapeshift-quietly-delists-monero-and-dash\">ShapeShift<\/a>.<\/p>\n<p>In May 2022, South Korean exchanges Bithumb and Upbit <a href=\"https:\/\/u1f987.com\/en\/news\/bithumb-and-upbit-move-to-delist-litecoin-after-mimblewimble-upgrade\">permitted delisting<\/a> Litecoin following the MimbleWimble upgrade, which enhances the coin&#8217;s privacy.<\/p>\n<p>In September of the same year, Huobi <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-to-delist-seven-privacy-focused-cryptocurrencies\">excluded<\/a> seven privacy-focused coins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance has revised its delisting decision for privacy tokens in France, Italy, Poland and Spain.<\/p>\n","protected":false},"author":1,"featured_media":80765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,733,1286],"class_list":["post-80764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-europe","tag-listing"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=80764"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80764\/revisions"}],"predecessor-version":[{"id":80766,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80764\/revisions\/80766"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/80765"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=80764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=80764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=80764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}