Why doesn't Binance list TON?

Why is it that Binance, one of the largest cryptocurrency exchanges globally, hasn't yet listed TON, the native token of the Telegram Open Network? Given the popularity of Telegram and the high anticipation surrounding the TON blockchain project, one might assume that Binance would be eager to include it on their platform. Could it be due to regulatory concerns, or is there some technical incompatibility? Alternatively, could it simply be a matter of timing, with Binance waiting for the right moment to make the listing? As a cryptocurrency enthusiast, I'm eager to understand the reasoning behind this decision.