Binance’s Potential Zcash Delisting Met With Dismay From Industry Heavyweights

Cryptocurrency exchange Binance has been criticized this week for including privacy token Zcash (ZEC) among those cryptos up for a vote to be delisted from the exchange.

Zcash, which has a $500 million market cap, appeared on the ballot alongside FTX’s FTT token and veri security platform JASMY.

Zcash founder Zooko Wilcox tagged Binance CEO Richard Teng in a tweet on Tuesday: “You’re considering delisting Zcash!? What kind of world are you creating? Do you want your children to grow up in peace and prosperity, or a Black Mirror episode?”

Digital Currency Group founder Barry Silbert also shared several posts lamenting Binance’s decision to include Zcash on the list.

The sentiment was also echoed by Ledger CTO Charles Guillemet and Cosmos co-foudner Ethan Buchman, both of whom highlighted the importance of privacy.

From Binance’s point of view, privacy tokens have long since been a topic of discussion among financial regulators. In 2022 a leaked EU document suggested that privacy tokens could be banned across the region.

Privacy protocol Tornado Cash was also sanctioned by the U.S. amid concerns of criminality, although these sanctions were removed last month.

ZEC is currently trading at $31.26 having dropped by 3.1% over the past 24 hours.

İlginizi Çekebilir:Bitcoin Slips With XRP, ADA as Nvidia’s Massive $5.5B Charge Sours Investor Sentiment
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

EU Regulator Urges Nations to Ensure Compliance with Stablecoin Rules Soon
Ondo Finance to Bring RWAs to Mastercard Network
KuCoin to Pay Nearly $300M Fine After Pleading Guilty to DOJ Charges
First XRP ETF in U.S. Racks up $5M on Debut in Teucrium’s ‘Most Successful Launch’
Kalshi Will Win Battle with Nevada: Crypto Attorney
Ethereum’s Vitalik Buterin Goes On Offense Amid Major Leadership Shake-up
Mariobet Resmi | © 2025 |
404 Not Found

404

Not Found

The resource requested could not be found on this server!


Proudly powered by LiteSpeed Web Server

Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.