VARA Compliance Forces Binance FZE Delisting of XMR, ZEC, Fiat in UAE
- Binance FZE (Dubai) delisting privacy coins (XMR, ZEC etc), fiat for UAE users
- Move aligns with VARA rules; key dates April 25 / June 8 for trading/withdrawal
- Context: Reflects global trend of exchanges dropping privacy assets for compliance
Binance confirmed it will stop supporting several privacy coins and non-AED fiat currencies as it moves users in the United Arab Emirates (UAE) to its Dubai-based exchange, Binance FZE.
The transition process starts on April 25, 2025. From this date, users moved to Binance Dubai cannot trade or hold certain privacy-focused tokens or non-AED fiat currencies on that specific platform.
Assets Being Removed from Binance FZE
Privacy tokens being delisted for FZE users include Dash (DASH), Decred (DCR), Zcash (ZEC), and Monero (XMR). A number of fiat currencies will also be unsupported for operational reasons, among them the Euro (EUR), British Pound (GBP), Japanese Yen (JPY), and Turkish Lira (TRY).
The announcement notes users can continue to manage and convert these assets on the global Binance platform up until their accounts are migrated to FZE. Once the switch happens, withdrawal of the affected privacy tokens r…
The post VARA Compliance Forces Binance FZE Delisting of XMR, ZEC, Fiat in UAE appeared first on Coin Edition.
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VARA Compliance Forces Binance FZE Delisting of XMR, ZEC, Fiat in UAE
- Binance FZE (Dubai) delisting privacy coins (XMR, ZEC etc), fiat for UAE users
- Move aligns with VARA rules; key dates April 25 / June 8 for trading/withdrawal
- Context: Reflects global trend of exchanges dropping privacy assets for compliance
Binance confirmed it will stop supporting several privacy coins and non-AED fiat currencies as it moves users in the United Arab Emirates (UAE) to its Dubai-based exchange, Binance FZE.
The transition process starts on April 25, 2025. From this date, users moved to Binance Dubai cannot trade or hold certain privacy-focused tokens or non-AED fiat currencies on that specific platform.
Assets Being Removed from Binance FZE
Privacy tokens being delisted for FZE users include Dash (DASH), Decred (DCR), Zcash (ZEC), and Monero (XMR). A number of fiat currencies will also be unsupported for operational reasons, among them the Euro (EUR), British Pound (GBP), Japanese Yen (JPY), and Turkish Lira (TRY).
The announcement notes users can continue to manage and convert these assets on the global Binance platform up until their accounts are migrated to FZE. Once the switch happens, withdrawal of the affected privacy tokens r…
The post VARA Compliance Forces Binance FZE Delisting of XMR, ZEC, Fiat in UAE appeared first on Coin Edition.
Read More