The exchange of Binance cryptocurrencies has been criticized this week for including the ZCash (ZEC) privacy token among the crypts of a vote that stands out from the exchange.
ZCASH, which has a market capitalization of $ 500 million, appeared on the ballot along with the FTX data safety platform and Token FTT.
The founder of ZCASH, Zooko Wilcox, labeled the CEO of Binance, Richard Ten on a tweet on Tuesday: “Are you considering that Zash excludes?
Digital Founder Currency Group, Barry Silbert, also shared several publications that lamented Binance’s decision to include ZCASH in the list.
The feeling was also echoed by the Ledger Cto Charles Guillemet and Co-Fouudner of Cosmos, Ethan Buchman, who highlighted the importance of privacy.
From the point of view of Binance, privacy tokens have been a topic of discussion among financial regulators. In 2022, an EU filtered document suggested that privacy tokens could be prohibited throughout the region.
The cash of the privacy protocol was also sanctioned by the United States in the midst of crime concerns, although these sanctions were eliminated last month.
Currently, ZEC is quoted at $ 31.26 that has fallen 3.1% in the last 24 hours.
