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Date: February 6, 2024
Reason: Binance officially cited several factors:
Contribution to a healthy and sustainable crypto ecosystem (raising concerns about Monero's privacy features enabling illicit activities)
Evidence of unethical or fraudulent conduct or negligence (though no specific instances were mentioned)
Unresponsiveness to Binance's periodic due diligence requests
Impact:

Monero price dropped significantly following the announcement.
Concerns emerged about regulatory pressure on exchanges and potential censorship of privacy-focused coins.
Monero users had to withdraw their holdings from Binance by April 14, 2024.
Other Factors:

This follows a wider trend of exchanges delisting privacy coins due to regulatory pressure.
Monero remains listed on other exchanges and continues to operate normally.
The delisting sparked debates about privacy, regulation, and the future of cryptocurrencies.
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Not financial advice, do your own research
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