#EUPrivacyCoinBan
Despite this reversal, certain coins like Monero (XMR), Beam (BEAM), MobileCoin (MOB), Firo (FIRO), and Horizens (ZEN) remained restricted due to their enhanced privacy features . Furthermore, in February 2024, Binance proceeded to delist Monero globally, citing that it no longer met the exchange’s standards.
These actions align with the European Union’s broader regulatory efforts, including the Markets in.
Crypto-Assets (MiCA) regulations, aimed at increasing transparency and combating money laundering in the crypto space.
The evolving regulatory landscape continues to impact the availability and trading of privacy-focused cryptocurrencies within the EU.