This is just for awareness really. The exact reason for the de-listing isn’t given but I think that this demonstrates how tough it is in the CEX world.
Firo’s Reuben Yap said this:
“Binance introduced a vote where BNB holders could decide which monitoring tech projects should be delisted. Firo received 1,141 eligible votes out of approximately 93,000, less than 2% of the total, one of the lowest vote counts. Despite this, Firo was removed, while some projects with higher votes were spared, and no detailed explanation was provided, only a vague statement citing a decision from senior management. Firo scores well on many factors Binance typically considers: an active development team and community, strong liquidity and volumes for a project of its size, no misconduct, and a secure network. This makes their decision perplexing. The likely reasons for Firo’s delisting include its identity as a privacy coin, its lower market cap, and the regulatory pressure Binance faces globally, especially with regulators explicitly naming Firo, making it an easy target. The vote appears to have provided a convenient cover for Binance’s decision.”