The big exchanges are getting more selective in accepting new listing. Binance CEO said recently that they have over 5000 new listing requests submitted. They have a team that screens possible new additions for integration to the platform but they will deny access to all those that they do not deem legitimate actors with true potential.
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I'm glad to hear it, and good for Binance for doing the right thing.
Even the wild west cleaned up eventually. The crypto space will too.
I'm confident that it will as well, and look forward to watching it happen.