Binance’s delisting move sends Monero and Multichain values tumbling 20%
Summary
Monero's XMR and Multichain's MULTI faced a significant drop in value after Binance announced their delisting by Feb. 20. Binance cited failure to meet listing criteria and potential regulatory concerns as reasons for the delisting. Monero's privacy features have drawn regulatory attention, while Multichain faced issues including funds disappearance and operational challenges. XMR and MULTI's values plunged by around 20%, while other delisted assets like Aragon (ANT) and Vai (VAI) saw milder reactions.
