Binance Assigns Monitoring Tag to Privacy Coins, Including Monero and Zcash
Binance, the largest cryptocurrency exchange, has recently announced that it will start monitoring ten new projects, including privacy blockchains like Monero, Firo, Mobilecoin, and Zcash. Binance reported that these projects might be delisted in the future, failing to meet the criteria required by the exchange to keep being traded on its platform. Binance Might Delist Several Privacy Coins, Including Monero and Zcash Binance might be moving to delist privacy coins in the future. In a recent announcement , the exchange reported that it will assign the monitoring tag to ten different cryptocurrency projects, of which several are privacy-focused. Firo, Mobilecoin, Monero, and Zcash are now part of the assets that Binance states present “notably higher volatility and risks compared to other listed tokens” and will be monitored closely, being reviewed frequently by Binance’s employees. Binance declared: Keep in mind that tokens with the Monitoring Tag are at risk of no longer meetin