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Journalist
Hassan Shittu
Journalist
Hassan Shittu
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Aergo, a hybrid blockchain platform, has addressed Binance’s decision to place its token, AERGO, on a monitoring list, attributing the move to delays in its roadmap rather than any financial or technical concerns.
On March 4, Binance, the world’s largest cryptocurrency exchange by trading volume, added AERGO alongside nine other tokens to its monitoring list.
Aergo Responds to Binance Monitoring List Placement
According to Binance, tokens with this designation are subject to heightened scrutiny due to their increased volatility and risks. The exchange also noted that such tokens could be delisted if they fail to meet its listing standards.
In response, the Aergo team stated that discussions with Binance are ongoing to clarify the situation.
The project acknowledged delays in announcing its updated roadmap but emphasized that these adjustments stem from ongoing collaborations with both domestic and international partners.
“We understand that this decision may raise concerns, but we want to assure our community that the delay is due to strategic adjustments, not underlying technical or financial problems,” the Aergo team said in a statement.
To address community concerns and chart the project’s next steps, Aergo has announced plans to hold a community vote.
The team also hinted at upcoming updates, expressing confidence in the project’s long-term direction.
“We value the trust and patience of our supporters. Strengthening transparency and engagement remains our priority,” the team added.
While Binance regularly reassesses its listed tokens, Aergo’s response suggests an effort to address the exchange’s concerns and maintain its standing on the platform.
Binance Introduces Monthly Monitoring List Updates, First Batch Announced
Binance is stepping up its risk management efforts with a major change to its Monitoring Tag system. Starting this month, the exchange will update the list monthly, marking a shift from its previous review schedule.
Starting March 4, 2025, Binance will adjust the Monitoring Tag review process to a monthly cycle based on community feedback. Binance will add new projects in the first week of each month, while they will continue to review Monitoring Tag and Seed Tag removals quarterly.
The Monitoring Tag is applied to high-risk tokens that are more likely to be delisted if they do not meet Binance’s standards. Please trade responsibly and stay informed.
In the first refresh on March 4, Binance added 10 tokens to the list, signaling increased scrutiny over certain assets.
The newly flagged tokens include Aergo (AERGO), Alpaca Finance (ALPACA), AirSwap (AST), Badger DAO (BADGER), BurgerCities (BURGER), COMBO (COMBO), NULS (NULS), STP (STPT), UniLend (UFT), and VIDT DAO (VIDT).
Users trading these tagged tokens must complete a risk awareness quiz every 90 days. Binance is using this to educate traders about potential risks.
The exchange will periodically assess these tokens based on trading volume, project commitment, network stability, and other key factors, determining whether they should retain or lose their tags.
In a separate regulatory move, Binance is also aligning with European regulatory requirements. By March 31, 2025, the exchange will delist nine stablecoins, including USDT and DAI, to comply with the EU’s Markets in Crypto-Assets (MiCA) framework.
MiCA enforces stricter reserve requirements, pushing non-compliant stablecoins off the market.
Users in the European Economic Area (EEA) who are affected will need to transition their holdings. Binance will continue supporting USDC, Eurite (EURI), and fiat pairs like EUR, ensuring compliance while maintaining access to stable assets.
These changes highlight Binance’s ongoing efforts to balance regulatory requirements with market demands, signaling a shift in both token oversight and stablecoin availability for its global user base.
