🟢 Set up an LLC for only $39 here: [ Ссылка ]
🔵 Free crypto Tax software I use: [ Ссылка ]
Date: February 6, 2024
Reason: Binance officially cited several factors:
Contribution to a healthy and sustainable crypto ecosystem (raising concerns about Monero's privacy features enabling illicit activities)
Evidence of unethical or fraudulent conduct or negligence (though no specific instances were mentioned)
Unresponsiveness to Binance's periodic due diligence requests
Impact:
Monero price dropped significantly following the announcement.
Concerns emerged about regulatory pressure on exchanges and potential censorship of privacy-focused coins.
Monero users had to withdraw their holdings from Binance by April 14, 2024.
Other Factors:
This follows a wider trend of exchanges delisting privacy coins due to regulatory pressure.
Monero remains listed on other exchanges and continues to operate normally.
The delisting sparked debates about privacy, regulation, and the future of cryptocurrencies.
_______
monero binance delisting, xmr binance delisting, privacy coin delisting, monero privacy concerns, regulation and crypto, monero price drop, future of monero, xmr price prediction, binance regulatory pressure, privacy coins under scrutiny, ethical conduct in crypto, monero due diligence issues, alternative exchanges for monero, impact on crypto ecosystem, user concerns with delisting, privacy debate in crypto, censorship of cryptocurrencies, future of privacy coins, impact on blockchain technology, monero community response, responsible investment in crypto
#Monero, #XMR, #Binance, #Delisting, #PrivacyCoin, #CryptoRegulation, #PriceDrop, #FutureOfMonero, #PrivacyConcerns, #CryptoEcosystem, #EthicalCrypto, #RegulationPressure, #AlternativeExchanges, #UserConcerns, #PrivacyDebate, #CryptoCensorship, #Decentralization, #BlockchainTech, #ResponsibleCrypto, #CryptoCommunity, #Investment, #XMRCommunity, #BinanceDelisting
#XRPCommunity #XRPArmy #XRPL
XRP News Today | XRP update | XRP Price prediction
____________
Not financial advice, do your own research
____________
The above are affiliate links which means I may get commission if you make a purchase.
