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Binance’s proposal to potentially delist Zcash has drawn criticism from industry leaders, reigniting concerns over the future of privacy tokens.
What’s the Scoop?
- Binance's Poll:
Binance opened a vote to decide which tokens would be delisted, including privacy-focused Zcash (ZEC).
- Community Outrage: Key industry figures like Zcash founder Zooko Wilcox and others expressed concern over the decision.
- Privacy Token Stigma: Privacy tokens like Zcash face regulatory scrutiny, with Binance's move reflecting broader global concerns.
Zcash is privacy technology that protects human rights. I hope @binance does not delist it. Zcash is one of the most important and underrated cryptos in the world right now. https://t.co/fSlsz2yeis
— Tyler Winklevoss (@tyler) April 15, 2025