Binance Announces Delisting of 14 Tokens Following Community Vote and Internal Review

Binance, the world’s leading cryptocurrency exchange, has revealed plans to delist 14 tokens, including ELF, FIRO, and NULS, effective April 16. This decision follows the results of its inaugural ’Vote to Delist’ campaign, which garnered over 103,000 votes from more than 24,000 participants. Eligible voters were required to hold at least 0.01 Binance Coin (BNB). The delisting process was influenced by both internal assessments and community feedback, with factors such as low trading volumes and insufficient project development cited as key reasons. This move underscores Binance’s commitment to maintaining a robust and high-quality trading ecosystem.

Binance to Delist 14 Tokens in April After “Vote to Delist” Campaign

Binance will delist 14 tokens, including ELF, FIRO, and NULS, from its platform on Apr. 16, following the results of its first batch of the “Vote to Delist” initiative. Over 103,000 votes were cast by more than 24,000 participants, with eligible voters needing to hold at least 0.01 Binance Coin (BNB). The delisting follows both internal reviews and community votes, citing reasons such as low trading volumes, lack of project development, lack of community involvement, and non-compliance with platform or regulatory standards.

Galaxy Digital Plans Nasdaq Listing in Mid-May

Galaxy Digital, an artificial intelligence and cryptocurrency investment firm, has received approval from the U.S. Securities and Exchange Commission (SEC) to trade on the Nasdaq stock exchange under the ticker GLXY. The company currently operates under the Toronto Stock Exchange (TSX) and plans to relocate its headquarters from the Cayman Islands to Delaware to simplify its corporate structure and operations. The relocation depends on shareholders’ and TSX approval, with the Nasdaq debut set for mid-May following a May 9 shareholder vote.