Golden Finance reports that Binance’s P2P (peer-to-peer) trading platform is about to undergo a significant change. According to the official announcement, starting from 19:00 (UTC) on May 26, 2025, Binance P2P will cease its support for Uzbekistan Som (UZS), and multiple related trading pairs will also be affected simultaneously.
It involves six major trading pairs, and the scope of business adjustment is clear
The trading pairs that Binance P2P has stopped supporting this time cover the combination of common assets in the cryptocurrency market and Uzbekistan Som, including USDT/UZS, USDC/UZS, BTC/UZS, FDUSD/UZS, BNB/UZS and ETH/UZS. This means that after the specified time point, users will not be able to perform the relevant operations of these trading pairs on the Binance P2P platform. For users holding these trading pairs of assets, it is necessary to pay close attention to the subsequent guidance of the platform in a timely manner and properly handle the assets in their hands to avoid unnecessary losses. At present, the official has not clearly stated the specific reasons for the suspension of support for UZS and related trading pairs this time.
However, in the cryptocurrency market, the adjustments made by platforms to trading pairs are often related to multiple factors, which may involve changes in local regulatory policies, fluctuations in market demand, or adjustments to the platform’s own strategic layout, etc. There have been similar situations in the past. For instance, Binance once stopped supporting the deposit and withdrawal of some network tokens for various reasons and removed certain spot trading pairs. This adjustment to the Somm in Uzbekistan has also drawn widespread attention from the market. Investors and industry observers are closely monitoring the subsequent developments, hoping to gain more insights into the profound meaning behind this decision and its potential impact on the cryptocurrency market, especially the crypto trading sector related to Uzbekistan.
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