PANews reported on April 15 that according to CoinDesk, Binance initiated a vote to delist one of the three tokens - Zcash (ZEC), FTT, and JASMY - which sparked strong dissatisfaction among privacy coin supporters. Zcash founder Zooko Wilcox, DCG founder Barry Silbert, and Ledger CTO all publicly spoke out against the move, emphasizing the importance of privacy rights. ZEC currently has a market capitalization of around $500 million, with its price dropping 3.1% in 24 hours to $31.26. Privacy coins have long faced regulatory pressure, with the European Union previously proposing a comprehensive ban on such tokens.
Zcash may be delisted from Binance, causing dissatisfaction in the industry, and regulatory pressure on privacy coins reappears
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