Binance, the world’s largest cryptocurrency exchange, has announced that it will delist 12 liquidity pools from its Binance Liquid Swap platform on October 17. The affected trading pairs include XRP/BUSD, MANA/BUSD, OP/BUSD, BEL/USDT, FTM/BUSD, FUN/USDT, GMT/BNB, GMT/ETH, HFT/USDT, IDEX/USDT, LEVER/USDT, and MAGIC/BTC. The move is aimed at improving liquidity and transaction prices for users. Binance assured customers that the delisting will not impact trading of the corresponding pairs on its Spot platform. This delisting spree may be one reason for the recent decline in XRP’s price. Earlier this month, Binance also removed 19 additional trading pairs, predominantly with BUSD, aligning with its plans to discontinue support for the stablecoin next year.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	0
People	None
Companies	Binance, US SEC, Ripple
Currencies	BUSD, Hashflow, Bella Protocol, IDEX, BNB, Fantom, XRP, Optimism, Bitcoin, Decentraland, STEPN, Ethereum, Magic, LeverFi, FUNToken
Securities	None