PANews reported on December 5th that Binance will suspend deposits and withdrawals for the following "designated networks" tokens at 16:00 (UTC+8) on December 12th, 2025 : Tranchess (CHESS, Ethereum Network), dForce (DF, BNB Smart Chain), and Aavegotchi (GHST, Polygon Network). After the suspension, deposits made through these networks will no longer be credited to your account, potentially resulting in asset loss. Users can still deposit and withdraw these tokens through other networks supported by Binance.


Legal experts are concerned that transforming ESMA into the “European SEC” may hinder the licensing of crypto and fintech in the region. The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper institutional ambitions for its capital markets structure.On Thursday, the Commission published a package proposing to “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading venues and central counterparties to ESMA, Cointelegraph reported.Concerningly, the ESMA’s jurisdiction would extend to both the supervision and licensing of all European crypto and financial technology (fintech) firms, potentially leading to slower licensing regimes and hindering startup development, according to Faustine Fleuret, head of public affairs at decentralized lending protocol Morpho.Read more
