Internet reports that Binance initiated a vote to remove one of the three tokens: Zcash (ZEC), FTT, and JASMY, causing strong dissatisfaction among privacy coin supporters. Zcash founder Zooko Wilcox, DCG founders Barry Silbert, Ledger CTO and others all publicly opposed and emphasized the importance of privacy. ZEC currently has a market value of approximately US$500 million, and its price fell 3.1% to US$31.26 in 24 hours. Privacy coins have long faced regulatory pressure, and the European Union has proposed a complete ban on such coins.