Cryptocurrency exchange Binance has announced that it will stop supporting Bitcoin NFTs on its marketplace from May 18, 2024. The decision comes just two months after the exchange allowed buying, selling and listing Bitcoin NFT. Binance has asked users to withdraw their Bitcoin NFTs from the market before the deadline. From May 18, 2024, users will no longer be able to buy, deposit, bid, or list NFTs on the Binance NFT Marketplace via the Bitcoin network. The platform will also stop supporting airdrops, benefits or utilities related to Bitcoin NFTs. The move follows asset manager Franklin Templeton's positive stance on the impact of Bitcoin NFTs on the Bitcoin ecosystem.