Monero (XMR) dips after Binance announced delisting
Binance delists Monero (XMR) along with other assets, causing a 19% price drop. Monero’s delisting reflects regulatory pressure on privacy coins in the crypto market. Monero withdrawals from Binance will be supported until May 20. Monero (XMR), one of the leading privacy-focused cryptocurrencies, is experiencing a significant drop in its price following a delisting announcement from Binance, the world’s largest cryptocurrency exchange. Binance revealed its decision to delist Monero along with several other assets, including Aragon (ANT), Multichain (MULTI), and Vai (VAI), effective February 20. Monero price post Binance delisting Binance’s decision to delist Monero (XMR) comes as part of its ongoing efforts to uphold compliance standards and ensure the safety and integrity of its platform. The exchange cited various reasons for the delisting, including considerations such as trading volume, liquidity, stability, safety, public comm...