Binance Restricts Privacy Cryptos in France

Binance, focusing on privacy in France 12 cryptocurrenciesdisables trading.

FranceCrypto users residing in Binancesurprising from One mail took. In the mail sent by Binance, it is stated that cryptocurrencies based on privacy will be restricted due to local regulators.

from the stock market FranceWith the e-mail sent to the users on the agenda, security focusedThere were also effective price drops in cryptocurrencies.

Binance To Disable Privacy Cryptos In France

Binance, creating a project on the privacy of crypto clients in France crypto- money prohibits them from buying and selling their units. To its users in France on the subject mailsender exchangestated that these restrictions are of regulatory origin.

France had moved to swiftly adopt the European Union’s new crypto regulation, MiCA. In Europe, where regulatory and legal clarity is grounded in crypto, security focused crypto-The status of the projects was also questioned.

Binance, Europe It targeted privacy-focused crypto projects to adapt to the crypto atmosphere in . Popular crypto exchange, in France, in DASHAnd ZECtotal including 12 crypto projects will stop trading told. This move from Binance has taken a heavy toll on privacy projects that have taken on a different category in the crypto industry. According to data from CoinGecko, the top 5 privacy-focused crypto projects have created a bearish price chart.

Binance has implemented this restriction in France. 26 June 2023 will start on. From this date, users will not be able to trade on banned cryptocurrencies. Binance has almost banned it in France 12 privacy-focused crypto projectsin that;

• DCR
• DASH
• ZEC
• ZEN
• PIVX
• NAV
• SCRT
• XVG
• FIRO
• BEAM
• XMR
• MOB