Monero (XMR)

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The crypto exchange Binance has announced that it will delist Monero (XMR). Other tokens will also be excluded from the catalog.

Monero (XMR), the most anonymous cryptocurrency in the ecosystem, is threatened with delisting by several exchange platforms. This decision, without questioning the existence of the project, could send a strong signal: anonymous cryptocurrency is undesirable. However, this tool is an important component of transaction privacy and, more broadly, digital freedoms that are currently being attacked from all sides. Its disappearance could mark the end of the original ideas of cypherpunks and bitcoin.

The Binance exchange platform announced on Thursday, January 4th, the tightening of trading rules for 10 cryptocurrencies, including Monero (XMR) and Zcash (ZEC). These will now be placed under "enhanced monitoring" due to the increased risks they present.

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Binance announces the delisting of twelve cryptocurrencies under French regulatory pressure. Monero is among them.