Dear Binancian,

We are sending you this email to formally inform you that, due to local regulatory requirements, Binance is unable to offer privacy coins that do not allow transaction monitoring in Italy. Starting from June 26, 2023, Binance users residing in Italy will no longer be able to purchase or trade the following privacy coins on our platform:

DCR, DASH, ZEC, ZEN, PIVX, NAV, SCRT, XVG, FIRO, BEAM, XMR, MOB

Please note the following timing for the above-mentioned privacy coins:

On 06-26-2023:

All spot trading operations and deposits related to the aforementioned privacy coins will be blocked. All open Spot orders will be automatically closed. Cryptocurrency withdrawals for privacy coins will remain available.
Conversion and Earn operations will be limited to decrease-only mode. Decrease-only mode allows you to sell or close positions, but limits buying and opening new positions for the aforementioned privacy coins.

On 09-26-2023: All Loan positions will be automatically closed.

On 09-29-2023: All Flexible EARN positions will be closed.

On 10-26-2023: Selling via Convert will be blocked. Cryptocurrency withdrawals for privacy coins remain available.

We continue to commit ourselves to the long-term development of our ecosystem and we will continue to invest in the development of the blockchain and digital asset industry. We take this opportunity to thank you for your support.

Sincerely,

Team Binance