Upbit announces the token listing and delisting review process
Chain Catcher News, the cryptocurrency trading platform Upbit announced its token listing procedure last Friday. The listing procedure includes reviewing the transparency of underlying projects, supporting fair participation for trading and investors. The delisting criteria include violations of laws, discovery of technical vulnerabilities, abandonment of projects, and user protection. The trading platform will issue a notice 10 days prior to the token delisting, except in emergencies.
Earlier this June, five South Korean trading platforms withdrew from the Korea Blockchain Association and established the Digital Asset Exchange Joint Council. Upbit will play a key role in this self-regulatory organization, which plans to draft policy proposals to gain government attention. (Source link)