Top South Korea crypto exchange Upbit has caved in to government pressure and publicized its listing and delisting processes. The exchange will be a key player in drawing up self-regulatory proposals later this year. By Lavender Au
include examining transparency of the underlying project, support for transactions and fair participation for investors. Delisting criteria include violation of laws, discovery of technological vulnerabilities, abandonment of the project and user protection.
Upbit is the country’s largest crypto exchange in terms of trading volume, and a listing or delisting on the platform has an impact on price movements. He described Korea’s framework for cryptocurrency regulation so far as “a copy of the securities market,” which in his view, does not acknowledge their differences.
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Crypto Exchange Upbit Publishes Token Listing, Delisting Procedure After Government PressureTop South Korea crypto exchange Upbit has caved in to government pressure and publicized its listing and delisting processes. The exchange will be a key player in drawing up self-regulatory proposals later this year. By Lavender Au
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