Binance will kept in UE privacy coins

Binance: privacy coins will be kept in Europe

26 June 2023

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Binance - one of the biggest crypto exchange in the world - after its decision to remove privacy coins in Europe, it changed its mind. 

In fact, Binance decided to keep privacy coins. 

In a comment, the cryptocurrency exchange wrote: “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”.

At the beginning Binance’s idea was to remove privacy tokens from france, Italy, Spain and Poland starting from June 26.

Binance is in line with what is happening within the EU concerning MiCA - Market in Crypto Assets. EU policy makers aim to make Europe a major hub in the crypto and digital assets sector.

SOURCE: CoinTelegraph

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