Quote from: rhomelmabini on January 04, 2024, 09:52:23 PM

Quote from: btcswimmer on January 04, 2024, 02:15:48 PM

In a recent announcement, the infamous crypto exchange Binance has added the Monitoring tag to Monero and other privacy coins.
Cryptocurrencies with the Monitoring tag are at risk of delisting from Binance.

Well, Binance is being watched so it's not surprising that they are just in compliance with the law enforcement agencies. There are top tier exchanges out there if you are too concern that you'll not end up selling them, we cannot control most of these regulations so we just have to abide in it.

Although I won't call Binance, infamous, I think that with the incident of their former CEO CZ and law enforcement issues, they'd want to comply with regulatory policies of countries that people use their exchange services most. I learnt that they did not specify reasons why they need to delist Monero and others, it should have shown the rate of their transparency, so their users can take note. Inasmuch as Binance still gives quality exchange services, I guess that we can still use their services, if any user is not certisfied with their services there are other exchanges to choose from, people are advocating for DEX, perhaps it's the way forward.