Binance Staked SOL (bnsol) 
Binance Enhances Transparency with Token Unlock Schedules
Binance, a leading cryptocurrency exchange, has introduced a significant update to its token information-sharing policy, aiming to provide users with more accurate and reliable data to inform their trading decisions.
Increased Transparency with Token Unlock Schedules
Starting February 14, Binance will include token unlock schedules in its market capitalization and circulating supply statistics. This change will enable users to access a clearer view of token unlock occurrences, promoting more informed investment decisions.
In the past, circulating supply referred to the number of tokens in the market, and market capitalization was calculated by multiplying the asset price by its liquidity. With the updated framework, Binance will directly collect information about the token unlock schedules of listed projects and account for unlocked tokens in its market capitalization and circulating supply calculations.
The new market capitalization calculation will multiply the current price by the circulating supply, including unlocked tokens. If unlock data is unavailable, Binance will exclude non-publicly accessible tokens from the computation.
Access to Token Unlock Timelines
Users can find token unlock timelines and relevant information in the project overview section of the Binance website or app.
Temporary Reprieve in SEC Dispute
In a separate development, Binance has been granted a 60-day pause in its ongoing dispute with the U.S. Securities and Exchange Commission (SEC). The temporary break, which will end on April 14, allows both parties to consider new regulatory changes.
The SEC recently established a crypto task force, led by Commissioner Hester Peirce, marking a step towards clearer regulations for the cryptocurrency sector. Binance has been under investigation for suspected violations of U.S. securities laws, but this temporary delay may indicate a more favorable regulatory climate.
Key Takeaways:
- Binance introduces token unlock schedules to enhance transparency and inform trading decisions.
- The updated framework will provide users with a clearer view of token unlock occurrences.
- Binance has been granted a 60-day pause in its SEC dispute, allowing both parties to consider new regulatory changes.
“A more transparent and informed cryptocurrency market is essential for its growth and development.”
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