Binance is Preparing to Stop Trading in Private Altcoins

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Binance will stop operations with several confidential digital currencies on June 26. This list of altcoins includes Monero, ZCash, Dash, Verge and others.

In total, Binance, at the request of the regulators of France, Poland, Spain and Italy, is preparing to delist 12 private coins.

According to the exchange:

“We are required to comply with local laws and regulations regarding the trading of private cryptocurrencies. This will allow us to continue serving even more users.”

Another major platform, Huobi, announced in September the delisting of seven private digital currencies.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.