Binance, one of the leading cryptocurrency exchanges, announced on Wednesday, July 9, 2025 the elimination of surveillance labels applied to seed labels on ZCASH (ZEC) and several other tokens.
The decisions detailed in the official statement are derived from a recent review of listed assets and are attempting to adjust risk classifications on the platform. Zcash founder Zooko Wilcox celebrated the scale of Social Network X. interpret it as an advance in technology support focused on privacy; The community observes changes during the debate over regulatory scrutiny.
According to a Binance announcement, the surveillance label, which had previously influenced ZCASH, will be withdrawn as of today, reflecting a reassessment of his position.
Exchange House also eliminates token seed labels such as Ethena (ENA), Pyth Network (Pyth), Bittensor (TAO), and Wormhole (W), indicating a change in recognition of these assets. According to the Platform Support Page, these labels are part of a regular review process to ensure transparency and protect users. A historical indicator of regulatory or operational concerns.
According to Cryptootics, the monitoring label was applied to Binance By Binance By Binance in 2024. In response to regulatory pressures in various jurisdictions Due to the privacy characteristics of the token.
This classification came after previous considerations to popularize Zcash, a decision Wilcox publicly criticised for being ironic. Considering Binance’s use of Zcash’s Zk-Snark technology Your own booking test system (Spare Proof).
The label acted as a warning to users and highlighted the risks that could be associated with this cryptocurrency towards privacy. This allows protected transactions to hide sender, recipient, and amount details.
The withdrawal of surveillance labels suggests a change in Binance’s assessment of Zcash, albeit on a platform. It does not detail the specific factors that motivated this decision.
Wilcox’s comments on X reflect optimism, linking action to greater support for universe privacy. As the market reacts, adjustments may affect the commercial activity and confidence of ZCASH investors and other affected tokens, but their valuations have reported immediate impact.