Today, Binance has placed Firo and a bunch of other privacy coins including Monero, Zcash and Mobilecoin under "Monitoring" status due to regulatory concerns on privacy coins. This has caused a lot of panic due to people interpreting this as Firo being in danger of being delisted. However, we have been in active discussions with Binance since September, and our proposal of Exchange Addresses (set to go live in around 2 weeks) has thus far been met positively in satisfying their regulatory requirements. We have designed Exchange Addresses in such a way that it does not compromise on user privacy beyond what we have currently. The core team expects this monitoring status to be removed at the next scheduled review for projects under monitoring(in April). By then Exchange Addresses would have gone live. To learn more on Exchange Addresses: https://www.youtube.com/watch?v=eIZJYJWSxP4 https://firo.org/2023/11/06/exchange-addresses.html

it happened 🎉 - Ethereum L2s = $20.7 billion - Other L1s = $19.67 billion /0xstark/status/1437106645415313414?s=20

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