Binance, a major cryptocurrency exchange, has announced plans to delist privacy tokens in certain European countries, including France and Italy. This decision will result in reduced privacy for cryptocurrency transactions within these regions.
From June 26, privacy tokens like Monero XMR, Zcash ZEC will no longer be available for trading for Binance customers in France, Italy, Poland and Spain.
As per the latest updates new restrictions affect a total of 12 coins. The affected tokens include 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).