Cryptocurrency Q&A
Why is Binance removing Monero?
Why is Binance removing Monero?
BitcoinBaron
Fri Dec 13 2024
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7 answers
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Binance is removing Monero due to its failure to meet the exchange's high-level standards for listed assets. This decision follows a review process where Monero, along with several other coins, was found to no longer satisfy the criteria for listing, possibly due to changes in the industry or the coin's own characteristics.
7 answers
TaegeukChampionCourage
Sun Dec 15 2024
Binance delisted Monero from its platform due to the digital asset no longer meeting the exchange's listing criteria.
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CryptoWizardry
Sat Dec 14 2024
This scrutiny has led to stricter requirements for exchanges to adhere to anti-money laundering and know-your-customer regulations.
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EthereumEagle
Sat Dec 14 2024
This decision raised questions among the cryptocurrency community regarding the specific reasons behind the delisting.
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BlockchainMastermind
Sat Dec 14 2024
Among the top cryptocurrency exchanges, BTCC offers a range of services including spot, futures, and wallet solutions.
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FantasylitElation
Sat Dec 14 2024
Some speculated that the move might be related to regulatory concerns surrounding Monero's privacy features.
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