Binance to Delist Monero Privacy Token; XMR Slides

Binance to Delist Monero Privacy Token; XMR Slides


Crypto exchange Binance said it will stop listing the Monero (XMR) privacy token as of Feb. 20.

Monero, as well as the three other tokens to be delisted – Aragon (ANT), Multichain (MULTI) and Vai (VAI) – no longer meet the standards Binance expects, the exchange said in blog post.

“When a coin or token no longer meets this standard, or the industry changes, we conduct a more in-depth review and potentially delist it,” Binance said.

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Withdrawals of the token will not be supported after May 20.

XMR slumped about 16% from to $139.96 after the announcement.

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