Binance Overturns Restriction on Privacy Coins for Europeans

Crypto News
Crypto News

27 Jun 2023 5:13 PM

Binance has reversed its decision to halt privacy coins in four European nations, to align with the EU regulatory requirements....

  • Binance has reversed its decision to delist specific privacy coins in Spain, France, Italy, and Poland.
  • The decision was made after considering community feedback and engaging with various projects.
  • Binance will still restrict five privacy coins, including Beam, Monero, MobileCoin, Firo, and Horizen.
  • The reversal was made to comply with EU-wide regulatory requirements, including the new MiCA regulatory framework for crypto.

The article presents a neutral tone, reporting on Binance's decision to reverse its initial plan to delist specific privacy coins in certain EU nations. The article also highlights the reason for the reversal, which is to comply with EU-wide regulatory requirements.

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You May Ask

Which privacy coins will Binance still restrict?What was the reason for Binance's decision to reverse its initial plan to delist specific privacy coins in certain EU nations?What is the new MiCA regulatory framework for crypto?Which other crypto exchanges had already delisted popular privacy coins like Dash and Monero?What did Binance say about the restrictions on privacy coins in their email statement to cryptonews?

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