Alarm Bells May Be Ringing for 5 Altcoins Listed on Binance Following Latest Delist News
Following OKX’s decision to delist almost all privacy-focused cryptocurrencies, attention turned to privacy-focused cryptocurrencies that continue to be traded on Binance, the world’s largest cryptocurrency exchange. The future of these coins on Binance has become a matter of concern.
Currently, privacy-focused cryptocurrencies such as XMR, ZEN, ZEC, and others have trading pairs on Binance and are mainly traded on this platform. The question of whether Binance will follow OKX’s lead and delist these privacy tokens is causing unrest among investors and traders.
Experts warn that delisting news could come soon after Binance CEO Changpeng Zhao resigned and the company began to build better relations with regulators and became the focus of authorities, especially in the US and European regions, due to concerns about money laundering and terrorism financing. .
Recently, OKX, the world’s second largest offshore cryptocurrency exchange, announced that it will delist almost all privacy tokens and suspend the deposit of certain tokens starting December 27. Affected tokens included FSN, ZKS, CAPO, CVP, XMR, Dash, ZEC and ZEN. In addition to suspending deposits, OKX also decided to delist trading pairs of these tokens.
CVP, XMR, DASH, ZEC and ZEN are currently traded on Binance.
*This is not investment advice.
#Alarm #Bells #Ringing #Altcoins #Listed #Binance #Latest #Delist #News
