Binance Tightens Token-Listing Flow as Regulators Keep Watch (1)

Binance Holdings Ltd. has tightened requirements for listing new digital tokens, stepping up efforts to bolster investor protections on its platform.

Crypto projects seeking to list tokens on Binance must now agree to a significantly longer so-called “cliff period” during which no coins can be sold, set aside more coins for market makers and make a security deposit, said people with knowledge of the matter, who asked not to be identified discussing confidential information. The changes started taking effect late last year, the people said.

Binance has communicated the changes verbally to participants in token listings and the requirements can ...