What Are the Binance Alpha Token Review Criteria?

All tokens listed on Binance Alpha will be evaluated based on the following criteria:

• On-Chain Data: Metrics such as transaction volume stability, liquidity depth, on-chain transaction frequency, and token holder distribution.
• Trust Factors: Elements including the credibility of the project team, regulatory compliance, ecosystem alignment, and community popularity.

Tokens that fail to meet these criteria will be removed from Binance Alpha.

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Which Tokens Will Be Delisted?

Following the latest reviews, the following tokens have been found to no longer meet Binance Wallet standards and will be delisted from Binance Alpha:

FAI, METAV, MLG, MONKY, PSTAKE, WHALES, GEL, VISTA, EVAN, MIRA, COCO, TAOCAT, FLOCK, OPUS, FREYA, AIXCB, VERTAI, STRDY, SEKOIA, VADER, ELIZA

Binance continues to promote transparency and innovation. For updates, follow Binance Wallet‘s official X account.

Tokens listed on Binance Alpha may carry higher-than-normal risks and are more susceptible to price fluctuations. Users are advised to implement risk management strategies and conduct thorough research before investing.

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The post Binance Alpha Introduces New Review Mechanism! appeared first on Coin Engineer.

The Japanese Financial Services Agency (FSA) has taken action against LBank Exchange, an offshore crypto exchange operating without proper registration. According to a report by CoinPost, the FSA noted that LBank Exchange has an “unknown address” and an “unknown representative” and has been conducting cryptocurrency exchange trading with Japanese residents as counterparties. This, according to the statement, violates the FSA’s operational guidelines that require exchanges to be registered and adhere to certain standards to ensure investor protection.

LBank Exchange, a small to medium-sized exchange based on CoinGecko data, ranks 56th in terms of 24-hour spot trading volume. Despite its size, the exchange’s lack of transparency and regulatory compliance has raised concerns among Japanese authorities.

This is not the FSA’s first move against unregistered exchanges. In March of last year, the agency issued warnings to four other companies, Bybit Fintech Limited, MEXC Global, Bitget Limited, and Bitforex Limited, for providing cryptocurrency trading services without registration. Despite these warnings, access and trading on these platforms from Japan remains possible.

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The post Japan Issues Warning to Offshore Crypto Exchange LBank Exchange appeared first on Coin Engineer.