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Binance said it has modified its operations and decided to reverse plans to delist some privacy coins in Europe in order to comply with local regulations. “After careful consideration of feedback from our community and several projects, we have modified the way privacy coins are classified on the platform to comply with EU-wide regulatory requirements.” Binance also commented that since it is regulated in various EU jurisdictions Exchanges registered in the jurisdiction are therefore “obligated” to comply with local regulations, which require exchanges to “be able to monitor the trading of tokens listed on the platform.” As previously reported, at the end of May, Binance stated in an email to French customers that it was no longer able to offer Enhanced Anonymity Crypto Assets (CAE) in several European countries due to local regulatory requirements. Starting June 26, Binance customers in France, Italy, Poland, and Spain will no longer be able to trade privacy tokens such as XMR and ZEC.

Binance said it has modified its operations and decided to reverse plans to delist some privacy coins in Europe in order to comply with local regulations. “After careful consideration of feedback from our community and several projects, we have modified the way privacy coins are classified on the platform to comply with EU-wide regulatory requirements.” Binance also commented that since it is regulated in various EU jurisdictions Exchanges registered in the jurisdiction are therefore “obligated” to comply with local regulations, which require exchanges to “be able to monitor the trading of tokens listed on the platform.” As previously reported, at the end of May, Binance stated in an email to French customers that it was no longer able to offer Enhanced Anonymity Crypto Assets (CAE) in several European countries due to local regulatory requirements. Starting June 26, Binance customers in France, Italy, Poland, and Spain will no longer be able to trade privacy tokens such as XMR and ZEC.

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