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The Monero price dipped 6% in the last 24 hours to trade for $123.00 as of 5:30 a.m. EST time on trading volume that plunged nearly 60%. It comes after Binance announced plans to delist the XMR token on February 20, citing non-compliance with its listing criteria. #Binance will delist the following tokens on February 20, 2024. 🔸 $ANT 🔸 $MULTI 🔸 $VAI 🔸 $XMR Full details here ⬇️https://t.co/3YRKqYrb7T — Binance (@binance) February 6, 2024 The de listing does not come as a surprise after Binance said it in January it had established “monitoring tags” on Monero, among other tokens. Besides Binance, OKX exchange also delisted Monero in January, alongside privacy-focused coins like Zcash and Dash. It comes as exchanges come under increased regulatory pressure to delist privacy coins. In efforts to survive the clampdown, some coins removed their privacy Features , but the Monero ecosystem refused. $XMR refus...

Victoria, Seychelles, December 20th, 2023, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, announces the listing of Comsats (CSAS), a new standard token set to revolutionize the landscape of the Bitcoin ecosystem . Comsats, designed to support standard tokens on Bitcoin, marks an important stride forward in providing innovative ideas and decentralized solutions, while optimizing user experience and maintaining competitive fees in the digital asset space. Comsats (CSAS) will be listed in the Innovation Zone, Inscription Zone and BTC Ecosystem Zone. Spot Grid Trading will go live within 24 hours after the listing . Comsats has distinguished itself by its unwavering commitment to fostering the growth of the Bitcoin ecosystem through revolutionary ideas and decentralized solutions. The project has focused on perfecting the concepts of official Bitcoin token standards such as BRC-20 and ORC-20, among others. The recent introduc...

Crypto firms’ policies on coin listing and delisting must align with a list of standards set by the NYDFS. Guidelines for firms listing and de listing crypto currencies in New York have tightened up to better protect investors, according to the state’s financial regulator . The New York State Department of Financial Services (NYDFS) unveiled new restrictions on Nov. 15 which mandate crypto companies submit their coin listing and delisting policies for NYDFS approval. Company policies will be measured against more stringent risk assessment standards set forth by the NYDFS to protect investors. Technological, operational, cybersecurity, market, liquidity and illicit activity risks of the tokens are among the factors to be considered by the NYDFS. The incoming changes apply to all digital currency business entities licensed under the New York Codes, Rules and Regulation or limited purpose trust companies under the state’s Banking Law. The NYDFS initially called for public feedback on t...