Binance stops stock token sales, 'effective immediately'

Binance stops stock token sales, 'effective immediately'

The crypto exchange gave no indication as to the reason, stating only that it would be shifting its "commercial focus to other product offerings." Binance's highly popular stock tokens, a relatively recent offering, are being wound down immediately. In an announcement published on July 16, the exchange announced that "effective immediately," stock tokens are unavailable for purchase on Binance.com. As of October 14, 2021 at 19.55 UTC, the exchange will no longer support stock tokens at all. Existing stock token holders will have some time to adjust:"Users who currently hold stock tokens....


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