Binance recently communicated to their customers that some privacy-related tokens are being made unavailable to some specific Eu
01 Jun 2023, 16:52
Binance recently communicated to their customers that some privacy-related tokens are being made unavailable to some specific European countries. One of the tokens included in this announcement was SCRT:
To clarify: SCRT is not a "privacy coin" - transactions made with the token are public, and it's used for governance, staking, and paying on-chain gas fees, similar to Ethereum's ETH. Secret Network is a powerful platform for building privacy-preserving dApps that don't leak data. It's one of the only blockchains that can support GDPR-type regulations.
We've clarified this to Binance, and their team is re-evaluating making SCRT available to EU users.
All Web3 users - and all Web2 users - have the right to use apps that don't expose their data, preserving safety and security. Secret Network is committed to building a more secure Web3.
If you care about this mission, let Binance know you want to see SCRT available in the EU.
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