Binance, the world’s largest cryptocurrency exchange, has announced its plans to delist and pause trading activities for the OMG (OmiseGO), WAVES, WNXM (Wrapped NXM), and XEM (NEM) cryptocurrencies on its platform effective June 17, 2024. The desisting comes after Binance’s periodic review determined these digital assets no longer meet the exchange’s standards and requirements. Factors like the project team’s commitment, development activity, trading volume and liquidity, network stability and security, public communication, and regulatory compliance all play a role in such decisions.
Source: announcement