Binance Prohibits Trading of Privacy Coins in France: Reports

2023-5-31 14:48

Regulatory concerns in France have forced Binance to disable the trading of privacy coins. Users from France, Poland, and Spain have reported receiving announcements through email.

A community-run news aggregator, “Tree News,” reported on Twitter that Binance has disabled trading of privacy coins for French residents. It wrote:

Binance disables trading of Privacy Coins for French residents, citing local regulatory requirements, as per an email currently being sent to users. Tokens in question: DCR, DASH, ZEC, ZEN, PIVX, NAV, SCRT, XVG, FIRO, BEAM, XMR, MOB.

Some users believe that it is a European Union-wide issue. Community members from Poland and Spain have reported receiving similar emails from Binance.

As of writing, there has not been much impact on the price of the mentioned tokens.

This is a developing story.

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The post Binance Prohibits Trading of Privacy Coins in France: Reports appeared first on BeInCrypto.

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