Binance, a cryptocurrency exchange, has announced that it will be delisting two trading pairs for Dogecoin (DOGE) and Litecoin (LTC) in response to regulatory concerns. The exchange will also be halving the maximum leverage on these instruments. Investors who had open positions prior to the announcement will also be affected by the changes. The move comes amid Binance’s ongoing battle with the US Securities and Exchange Commission (SEC). This development has been met with a negative sentiment in the crypto community.
AI Sentiment: Negative