Binance to deli 14 tokens in the first ever “vote for delicas”

Binance will turn down 14 tokens from its platform 16. April, after the results of its first group “Votes for Delicts” of the initiative.

Tokens that are strained include Badger, Bal, Beta, sour cream, CTKC, Elf, Firo, hard, nervous, professionals, SNT, Troy, UFT and Vidt. To an announcement Created 8. April, the binance explained that the obsolete monitoring and internal examinations and results of community voting.

Over 103,000 votes threw more than 24,000 participants, and after filtration of injustice, about 93,000 votes were confirmed. To have the right to vote, users had to hold at least 0.01 binance coins (Bnb).

Low trade volume, lack of project development, lack of community participation and non-compliance with interior or regulatory standards are some of the reasons provided by binance for Delistings. The stock market pointed out that non-acting tokens in this edge may be removed later if they do not meet the requirements.

All trading pairs for 14 covered tokens will be removed at 03:00 UTC at 4 April, and the tokens deposits will be suspended. However, users will still be able to withdraw these tokens by 9. June, after which each balance remaining can be converted to stablecoins.

This action follows Binance’s Mar. 31 not taking place mooring (USDTT) Spot Trade Couples in the European Economic Area to adhere to the newly appointed markets in the Crypto-means regulations. Mića aims to improve monitoring and responsibility over digital funds in the EU requiring the exchange that delicious tokens do not meet special compliance standards.

Exchanges must show that they meet guidelines for improved safety, transparency and coherence with money laundering regulations. Increased regulatory pressure has forced exchanges to be more selective about which tokens that support in the region.