Which CEX cracked down on listings?

TLDR

Binance cracked down on token listings by formalizing its listing pipeline and banning third?party listing agents who sell access to listings. See the media coverage of the crackdown for details on scope and rules in the report.

1. Binance offered up to $5 million as a whistleblower bounty against listing fraud, per a report.
2. It published a blacklist of alleged fake intermediaries and told projects to apply only through official channels, per a report.
3. Binance also delisted nine Alpha tokens for failing standards, per a summary.

Deep Dive

1. Formal Listing Rules

Binance set a structured listing process and explicitly banned any third?party listing agents. Projects must apply directly via official forms for Alpha, Futures, or Spot, according to coverage of the policy update in a Cointelegraph report.

• Media noted Binances transparency update covers Alpha, futures, and spot, and clarifies that intermediaries are not authorized to influence listings, per The Blocks report.

2. Enforcement Measures

To deter scams, Binance offered up to $5 million for verifiable tips and published a partial blacklist of alleged fake listing agents, per media reports and coverage.

• The blacklist and bounty are meant to protect token teams from fee?for?listing schemes and reinforce that only official channels count, as emphasized in the Cointelegraph report.

3. Quality Control in Practice

Binance followed with house?cleaning on Alpha, delisting nine altcoins that failed to meet standards, per a Yahoo Finance summary.

• Media framed this as part of a broader push to raise listing quality and reduce low?standard assets reaching or staying on Binances venues, per the delisting coverage.

Conclusion

Answer: Binance. The exchange tightened its listing pathway, banned intermediaries, and introduced strong enforcement including a $5 million whistleblower program, with follow?through seen in Alpha delistings. Practically, new Spot listings could arrive more slowly and only after passing staged checks, while projects that use middlemen risk being barred.