Binance says it has considered community feedback and revised operations to comply with EU standards and continue some of its privacy coin offerings in Europe.
Binance has decided to reverse its plan to delist a number of privacy coins in Europe after it said it has revised operations in order to comply with local regulations."After carefully considering feedback from our community and several projects, we have revised how we classify privacy coins on our platform to comply with EU-wide regulatory requirements."
It also commented that since it operates as an exchange registered in various EU jurisdictions, it is “obliged” to follow local regulations that require exchanges to, “be able to monitor transactions for coins listed on our platform."for users in France, Italy, Spain and Poland, rendering them no longer able to buy or sell 12 privacy tokens beginning on June 26.
The coins affected by the decision were to include: Decred , Dash , ZEC, Horizen , PIVX , Navcoin , Secret , Verge , Firo , Beam , XMR and MobileCoin . However, since the decision has been retracted various tokens have taken to Twitter to reassure community members. The Verge Currency posted its update as early as June 22:
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