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Add as a preferred source on GoogleBinance Adds Observation Labels to BICO and CVC Over Listing Risks
The labels warn of higher volatility and risk than other listed tokens. The tokens may be removed if they no longer meet Binance’s listing standards.
Observation labels will be added to BICO and CVC on Oct. 9, warning users that the tokens may face higher volatility and risk than other assets listed on the exchange.
The labeled tokens no longer meet Binance’s listing standards. Assets carrying the designation may be removed from the platform.
The announcement does not say the tokens will be delisted. It adds a warning to their listings without saying the tokens will be delisted.
The labels will take effect Oct. 9.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.