Binance Takes Action: 14 Tokens Set for Delisting Following Community Vote

**Binance Engages Community in Token Decisions, Delists 14 Cryptocurrencies in First “Vote to Delist” Initiative**

In an exciting move to enhance community involvement, Binance has reintroduced community voting and subsequently delisted 14 cryptocurrencies as part of its inaugural “Vote to Delist” initiative. This step is part of Binance’s commitment to align with global regulatory standards, including the EU’s Markets in Crypto-Assets (MiCA) regulation. By leveraging community votes, Binance aims to remove underperforming tokens while also considering new altcoin listings.

The crypto community recently witnessed the reintroduction of community voting, allowing members not only to vote on which tokens should be listed on the exchange but also to propose tokens for removal. Following this initiative, Binance announced the delisting of 14 cryptocurrencies based on the results of the community vote. The “Vote to Delist” program was launched in March 2025, and the tokens identified for removal were officially delisted on April 16, 2025. The tokens affected include: BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT, and VIDT.

This decision was influenced by both internal assessments from the exchange and the outcomes of the community vote. Notably, around 24,000 Binance users participated in the voting process, casting over 103,000 votes. After filtering out ineligible ballots, approximately 93,000 votes were validated. To ensure eligibility, users were required to hold at least 0.01 BNB tokens.

The Binance team highlighted several factors that contributed to the delisting, including low trading volumes, stagnant project development, declining community support, and failure to meet internal or regulatory compliance standards. All trading pairs for the affected tokens will be removed at 03:00 UTC on April 16, with deposits suspended around the same time. Users will have the opportunity to withdraw these tokens until June 9, after which any remaining holdings may be automatically converted into stablecoins.

This decision comes amid increasing regulatory scrutiny in global markets. In a clear demonstration of its commitment to compliance, Binance also delisted Tether (USDT) spot trading pairs in the European Economic Area on March 31 to adhere to the EU’s MiCA regulation. The MiCA framework has imposed stringent compliance requirements on exchanges, prompting platforms like Binance to tighten their listings.

The “Vote to Delist” initiative is part of Binance’s broader strategy to align more closely with global regulatory frameworks while actively involving its community in key decision-making processes. While these 14 tokens are the first to be affected, Binance has indicated that additional tokens may face delisting in the future if they do not meet the platform’s evolving standards.

In a related development, the exchange has also revealed the first batch of tokens for its “Vote to List” initiative, further engaging its community in shaping the future of the platform.

Uncategorised