The post Binance’s Zhao Advocates for User Choice in Token Listings – Coincu appeared on BitcoinEthereumNews.com.

Key Points: Binance’s Zhao Changpeng supports permissionless CEX listings despite market manipulation concerns. Advocates for balancing user freedom with safeguarding against harm. Community expresses skepticism over changes aligning with user protection goals. Changpeng Zhao, co-founder of Binance, advocates for permissionless listing processes on CEXs during a community discussion, stirring debate among users concerned about project quality and market manipulation. This development underscores the tensions between maintaining user freedom and ensuring sufficient safeguards in token markets. Zhao’s Vision for CEX Listings: Balancing Freedom and Safety Zhao Changpeng proposes a permissionless listing approach for centralized exchanges (CEXs), suggesting that decentralized exchange (DEX) models offer a template for increased user freedom. He highlighted the need to strive against those intending to harm users while preserving their freedom to choose. Current listing processes have resulted in volatility and manipulation, with criticisms that certain tokens, like Test (TST), experienced market cap surges followed by significant drops. Such instances have emphasized the necessity for stronger protective measures. TST’s listing on Binance led to sharp price movements, reflecting ongoing risks. Ongoing Regulatory Challenges Amid Token Market Volatility Did you know? The listing of TST on Binance, which saw its market cap peak and crash, is not a unique incident but part of a pattern in CEX token listings, highlighting systemic risks. According to CoinMarketCap, Test (TST) recorded a price of $0.07 with a market cap of $69.67 million. The 24-hour trading volume reached $30.32 million, reflecting a 9.68% price decline in that period. 90-day price changes show a notable 214.60% increase, amidst ongoing volatility. Test(TST), daily chart, screenshot on CoinMarketCap at 03:19 UTC on April 27, 2025. Source: CoinMarketCap The Coincu research team highlights potential regulatory pressure, predicting increased scrutiny of token listings unless exchanges tighten their criteria. Analysts suggest that aligning CEX dynamics with those of…

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Filed under: News - @ April 27, 2025 3:24 am