{"id":9663,"date":"2024-01-04T14:19:40","date_gmt":"2024-01-04T12:19:40","guid":{"rendered":"https:\/\/forklog.com\/en\/binance-labels-zcash-and-monero-as-high-risk-assets\/"},"modified":"2024-01-04T14:19:40","modified_gmt":"2024-01-04T12:19:40","slug":"binance-labels-zcash-and-monero-as-high-risk-assets","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-labels-zcash-and-monero-as-high-risk-assets\/","title":{"rendered":"Binance Labels Zcash and Monero as High-Risk Assets"},"content":{"rendered":"<p>The leading cryptocurrency exchange Binance has assigned &#8216;monitoring tags&#8217; to several coins, including privacy-focused Monero and Zcash.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> will add the Monitoring tag to more tokens and will remove the Seed tag for selected tokens.<\/p>\n<p>Find the list of tokens below\u2b07\ufe0f<a href=\"https:\/\/t.co\/RkOQisUv7G\">https:\/\/t.co\/RkOQisUv7G<\/a><\/p>\n<p>\u2014 Binance (@binance) <a href=\"https:\/\/twitter.com\/binance\/status\/1742807533905973498?ref_src=twsrc%5Etfw\">January 4, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cTokens with a monitoring tag are subject to significantly higher volatility and risks. These tokens are closely monitored, with regular checks conducted,\u201d company representatives explained.<\/cite><\/p><\/blockquote>\n<p>In addition to XMR and ZEC, the company has also targeted:<\/p>\n<ul class=\"wp-block-list\">\n<li>Aragon (ANT);<\/li>\n<li>Firo (FIRO);<\/li>\n<li>Keep3rV1 (KP3R);<\/li>\n<li>Mdex (MDX);<\/li>\n<li>MobileCoin (MOB);<\/li>\n<li>Reef (REEF);<\/li>\n<li>Vai (VAI);<\/li>\n<li>Horizen (ZEN).<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cPlease note that tokens with a monitoring tag risk no longer meeting our listing criteria,\u201d Binance stated.<\/cite><\/p><\/blockquote>\n<p>To access trading, users must complete short surveys every 90 days about the risks of interacting with the aforementioned crypto assets.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cThe monitoring tag was placed on FIRO and other privacy-focused coins due to increased regulatory pressure, including MiCA, recent initiatives in the US, and compliance with Binance&#8217;s agreement with the Department of Justice,\u201d Firo co-founder Ruben Yap told The Block.<\/cite><\/p><\/blockquote>\n<p>Last week, the platform OKX also <a href=\"https:\/\/www.okx.com\/hk\/help\/okx-to-delist-several-spot-trading-pairs-12-29\">announced<\/a> the delisting of ANT, XMR, ZEC, and ZEN and the removal of several trading pairs. In December, Binance ceased support for the BUSD stablecoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The leading cryptocurrency exchange Binance has assigned &#8216;monitoring tags&#8217; to several coins, including privacy-focused Monero and Zcash. #Binance will add the Monitoring tag to more tokens and will remove the Seed tag for selected tokens. Find the list of tokens below\u2b07\ufe0fhttps:\/\/t.co\/RkOQisUv7G \u2014 Binance (@binance) January 4, 2024 \u201cTokens with a monitoring tag are subject to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,513,202],"class_list":["post-9663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-monero","tag-zcash"],"aioseo_notices":[],"amp_enabled":true,"views":"45","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/9663","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=9663"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/9663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/9662"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=9663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=9663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=9663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}