Binance, one of the world’s largest cryptocurrency exchanges, has expanded the list of tokens that it monitors for suspicious activity. The exchange has added 10 new tokens to its monitoring program, including privacy coins like Monero (XMR) and Zcash (ZEC). The move is part of Binance’s efforts to comply with global regulatory standards and prevent money laundering and other illicit activities in the cryptocurrency space. Binance’s monitoring program, known as the “Travel Rule Protocol,” aims to track and report any transactions that may be linked to illegal activities. The addition of privacy coins to the list shows that Binance is taking a proactive approach to addressing regulatory concerns surrounding anonymous transactions. This development comes at a time when regulators around the world are increasing their scrutiny of privacy coins and other tools that can be used for illicit purposes. By broadening its monitoring program, Binance is demonstrating its commitment to working with regulators and law enforcement to ensure the integrity of the cryptocurrency market.
04 січня 2024
