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Binance Adds "Monitoring Tag" to Privacy Coins, Including Monero and Zcash

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Crypto exchange Binance has added a "monitoring tag" to certain cryptocurrencies, including privacy coins Monero, Zcash, Horizen, and Firo. Tokens with the monitoring tag are subject to regular reviews and are at risk of being delisted from the exchange if they no longer meet listing criteria. Users are required to pass a quiz to trade tokens marked with the monitoring tag. Binance's decision to mark privacy coins with a monitoring tag comes as the exchange has opened its books to monitoring by US financial regulators and law enforcement, following its multi-billion-dollar settlement with US regulators.

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