#EUPrivacyCoinBan The announcement of the ban on private coins under the new rules of the European Union has a serious impact on the market. As a result, coins such as Monero (XMR), Zcash (ZEC), and Dash are gradually being delisted from various exchanges, including Binance. The EU claims that this decision is aimed at combating financial crimes; however, many crypto users fear the loss of their privacy.

Binance has already begun the process of suspending trading of certain private coins for European users. This impact is felt not only in Europe but also creates uncertainty in the global market.