Binance revamps token information for greater transparency

Binance has announced modifications to the way she shares token information, adding unlocking schedules for more transparency.

In a blogBinance announced that from February 14, he will add tokens unlocking schedules to his market and traffic capitalization statistics. This decision is part of a revision of its tokens sharing policy intended to help users make more educated negotiation decisions. The new frame will offer users a clearer and more reliable view of the tokens unlocking occurrences.

In the past, the number of tokens on the market has been called the supply in circulation, and Binance determined market capitalization by multiplying the price of an asset by its liquidity. With the last update, Binance will directly collect information on the unlocking timetables of the tokens of the projects listed. The unlocked tokens will now be taken into account when calculating market capitalization and the traffic offer.

The new calculation of market capitalization will multiply the current price by the supply in circulation, which includes unlocked tokens. Binance will exclude non -accessible non -public tokens in the calculation if the unlock data is not available. The Presentation section of the website project or the Binance application will provide users with the loose locks and relevant information unlocking.

In a different development, Binance obtained a 60 days break In the American dispute of Securities and Exchange Commission, it is currently involved. Changes.

The dry recently established A crypto working group under the direction of Commissioner Hester Peirce. The working group is considered a first step to establish clearer regulations for the cryptocurrency sector. Binance has been the subject of an investigation for alleged violations of American securities laws, but this legal delay can report a plus favorable regulatory climate.