WuBlockchain
Binance will add Biconomy (BICO) and Civic (CVC) to its Monitoring Tag list effective October 9, 2026. Tokens placed under this designation are considered to carry relatively higher volatility and risk, and may be delisted if they no longer satisfy Binance's listing standards. The move is a formal caution flag rather than an immediate removal, but it puts both projects on notice.
Separately, South Korea's largest crypto exchange Upbit will list Kaia (KAIA) in KRW, BTC and USDT markets, with trading set to open at 6:30 p.m. KST on October 9. Deposits and withdrawals will be supported exclusively through the Kaia Network. Kaia is an EVM-compatible Layer 1 blockchain formed through the merger of Klaytn and Finschia, two projects with established footholds in the Korean crypto market.
Why it matters
The Binance Monitoring Tag has historically preceded delistings for tokens that fail to improve fundamentals or trading activity, making it a meaningful risk signal for BICO and CVC holders. For Kaia, an Upbit listing in KRW pairs is a significant liquidity event given the exchange's dominance in Korean retail trading volume.
Market impact
Traders holding BICO or CVC should monitor Binance's periodic reviews, as continued underperformance could accelerate a delisting decision. KAIA's simultaneous debut across three market pairs on Upbit on October 9 may generate short-term volume, though network-only deposit restrictions could limit arbitrage flows.
Source: [카이아(KAIA) 신규 거래지원 안내 (KRW, BTC, USDT 마켓) — 업비트(Upbit)](https://www.upbit.com/service_center/notice?id=475626511&view=share)
Frequently asked questions
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What does the Binance Monitoring Tag mean for BICO and CVC holders?
It signals that both tokens are considered to carry relatively higher volatility and risk. Tokens under this tag may be delisted if they no longer meet Binance's listing standards after a periodic review.
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When does the Monitoring Tag take effect for BICO and CVC?
The Monitoring Tag designation for Biconomy (BICO) and Civic (CVC) becomes effective on October 9, 2026.
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Which markets will KAIA trade in on Upbit, and when does trading start?
Kaia (KAIA) will trade in KRW, BTC and USDT markets on Upbit, with trading scheduled to begin at 6:30 p.m. KST on October 9.
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Are there any network restrictions for KAIA deposits and withdrawals on Upbit?
Yes. Deposits and withdrawals for KAIA on Upbit are supported only through the Kaia Network, meaning users must use the correct chain to avoid losing funds.
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What is Kaia and how was it formed?
Kaia is an EVM-compatible Layer 1 blockchain created through the merger of Klaytn and Finschia, two blockchain projects with established presences in the Korean crypto market.
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