cryptonews.net
Binance has reconsidered the decision to delist privacy tokens in EU countries. On June 26, the trading platform was preparing to remove Decred (DCR), Dash (DASH), Zcash (ZEC), Horizen (ZEN), PIVX (PIVX), Navcoin (NAV), Secret (SCRT), Verge (XVG), Firo (FIRO), Beam (BEAM), Monero (XMR) and MobileCoin (MOB) from the list.
Binance stated:
“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.“
The company also said that the exchange is registered in various EU jurisdictions and is obligated to follow local regulations that require transaction tracking for assets listed on the platform. On June 22, representatives of one of the confidential projects – Verge Currency – announced that the native XVG token will remain available on Binance for European users. The Secret Network also confirmed Binance's plans.
Image: Binance