Binance will not delist anonymous coins in the European Union

The Binance cryptocurrency exchange has revised its views on the delisting of coins in European countries. We are talking about countries such as France, Italy, Poland, Spain. This information was announced by Cointelegraph.

What Binance decided

Today, the crypto platform wanted to delist coins such as DASH, Beam, Navcoin, Monero, etc. However, after studying a thorough analysis of the reviews of the crypto community and some crypto projects, the exchange revised the principles of classification of anonymous tokens on the site. This is done to comply with the requirements of the regulatory framework of the European Union.

Representatives of the exchange clarified that their platform was registered in several jurisdictions of the European Union at once. Therefore, it will comply with local requirements. They require the platform to track transactions for anonymous coins.

Last week, representatives of Verge Currency made it clear that the XVG token will be available on the Binance for users from the European Union.

Recall that at the end of May, the initiative of the European Banking Authority to introduce amendments to the MiCA bill was submitted. According to him, anonymous digital assets are risky for tracking possible money laundering and financing of terrorist activities.

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