The lead maintainer of Monero (XMR), Riccardo Spagny, AKA Fluffy Pony, has stepped down. Per the announcementon Monday, Snipa, a long term contributor to Monero, will be taking over FluffyPony’s role, while the latter will now continue as a backup maintainer.

As it stands now, the main reason behind FluffyPony’sresignation is not known yet. However, he has once expressed his thoughts about quitting as the project lead. FluffyPonysaid in May 2018 that he will always be an advocate for privacy and for Monero. Though he would continue to be a part of the Monero community, there should be reduction in his defined responsibilities.

FluffyPony is not only stepping down as the lead backup maintainer, other duties of his have also been taken over by different people. From now onwards, he won’t be in charge of approving announcement emails sent to the Monero community. He will now play a backup role for other duties like engineering, administration and server access.

Due to its privacy orientation, several crypto exchanges havebeen delisting Monero over compliance risks. Both BitBayand Okex Korea have recently announced their decisions to delist it from their exchange.

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