PANews reported on April 15 that according to CoinDesk, Binance initiated a vote to remove one of the three tokens, Zcash (ZEC), FTT, and JASMY, which aroused strong dissatisfaction among privacy coin supporters. Zcash founder Zooko Wilcox, DCG founder Barry Silbert, Ledger CTO, etc. all publicly voiced their opposition, emphasizing the importance of privacy rights. ZEC currently has a market value of about US$500 million, and its price fell 3.1% to US$31.26 in 24 hours. Privacy coins have long faced regulatory pressure, and the European Union has proposed a complete ban on such tokens.
Zcash may be delisted from Binance, causing dissatisfaction in the industry, and regulatory pressure on privacy coins reappears
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