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Crypto Community Criticizes Potential Zcash Delisting on Binance

Crypto Community Criticizes Potential Zcash Delisting on Binance

Binance has faced criticism for including Zcash in a delisting vote. Alongside it, tokens JASMY and FTT are also on the list.

Zooko Wilcox, the founder of the privacy project, addressed the exchange’s CEO, Richard Teng:

“Are you seriously considering delisting Zcash? What kind of world do you want to build for future generations — a prosperous one or an oppressive one, like in ‘Black Mirror’?”

Co-founder of StarkWare Eli Ben-Sasson and CTO of Ledger Charles Guillemet emphasized the importance of privacy, noting the coin’s role in protecting personal data.

Cosmos founder Ethan Buchman called privacy a “fundamental human right.”

At the time of writing, Zcash is trading at $31.41 (+0.3% over the day), according to CoinGecko. The token’s market capitalization is approximately $503 million.

Back in January 2024, Binance classified ZEC as a high-risk crypto asset.

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