if this is true its a huge betrayal by Cz & BINANCE, they're literally giving all the power back to banks & governments, more control more taxes...this is not WEB3.

Binance's decision to discontinue its P2P Cash Zone feature marks a significant shift in the platform's transaction dynamics. As of March 31, 2025, users will no longer be able to buy and sell cryptocurrencies for cash in person with registered merchants. Binance's continued support for digital payment options on its P2P platform ensures that users will still have access to a range of convenient and secure transaction methods.