By Kapil Rajyaguru
Binance to Delist 14 Tokens After Community Vote.
Binance is removing 14 tokens from its exchange on April 16, 2025, at 03:00 UTC. Thereafter, trading for those tokens will stop. Users can still take out their tokens until June 9, 2025, but they won’t be able to deposit or trade them anymore.
This action follows Binance’s inaugural “Vote to Delist,” in which users selected the tokens for review. Binance also did its checks before deciding.
Over 24,000 users sent in more than 103,000 votes during the poll. After filtering out fake or invalid votes, around 93,000 were counted. TROY got 4,985 votes to be removed, and SNT got 3,533. Tokens like BADGER and BAL also made the list.
Cboe BZX Files To List Canary‘s SUI ETF.
Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund backed by Sui, the native token of the Sui Network, public filings show.
The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission before the exchange can list any shares of the fund.
If approved, the ETF — issued by asset manager Canary Capital — would be the first in the cowill to hold SUI. The token has a market capitalization of roughly $6.5 billion, according to CoinMarketCap.
DOJ Axes Crypto Unit as Trump’s Regulatory Pullback Continues.
The U.S. Department of Justice has disbanded its National Cryptocurrency Enforcement Team (NCET), effective immediately, narrowing its focus on crypto enforcement.
The DOJ will stop prosecuting crypto exchanges and services for regulatory violations, focusing instead on criminal activities involving digital assets.
This move follows President Trump’s executive order aiming to provide regulatory clarity for the crypto industry.
ARK Invest Buys the Coinbase Dip, Adding $30mn of Shares in 3 Days.
Investment manager ARK Invest, which is known for buying the dip when markets go south, has purchased 199,401 Coinbase (COIN) shares in the past three days.
The Cathie Wood-run company bought 83,157 shares of the crypto exchange on Friday, followed by 84,514 and 31,730 on Monday and Tuesday, respectively, according to the company’s daily emailed statements.
Based on closing prices, the shares would have cost a total of $31.51 million. They are now valued at about $29.3 million based on Tuesday’s close.
Coinbase shares have fallen over 15% in the last week as both cryptocurrency and equity markets tumbled following the steep import tariffs imposed by U.S. President Donald Trump.
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