As rumors of Zcash (ZEC), an old privacy-focused altcoin, being delisted from cryptocurrency exchange Binance have increased, reactions have come from the industry. As is known, Binance offered many altcoins, including ZEC, to users to vote on in its latest “vote to delist” event. Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, said in a statement on the subject that Zcash is a privacy technology that protects human rights and called on Binance not to delist this altcoin. Winklevoss argued that Zcash is currently one of the most important and undervalued cryptocurrencies in the world. Related News: Binance-Listed Altcoin Settles with German Financial Regulator BaFin: Terminates Operations in Germany Privacy-focused cryptocurrencies like Monero and Zcash are in the news as the US and European Union pressure exchanges to delisted them. Monero has already been delisted from many centralized cryptocurrency exchanges. On the other hand, Zcash developer Josh Swihart said in his statement that they were in contact with Binance officials and that they had positive communication with them. In addition, he said that the vote initiated by Binance was not binding for the exchange and was initiated only to get the ideas of the community. *This is not investment advice. Continue Reading: A Classic Altcoin Could Be Delisted From Binance – Gemini’s CEO Opposes: “One of the Most Important and Underappreciated Altcoins”
