[거래소 톺아보기] ⑥ Four major exchanges delisted 10 types of cryptocurrencies this year

Reporter Jeong In-sun

The logo of the four major cryptocurrency exchanges in Korea.  Source = each exchange
The logo of the four major cryptocurrency exchanges in Korea. Source = each exchange

All 10 types of cryptocurrencies have been delisted this year on the four major cryptocurrency exchanges in Korea. On the 16th, CoinDesk Korea surveyed the delisting status from January 1st to March 16th, and found in the order of Bithumb (7 types), Upbit (3 types), Coinone (1 type), and Corbit (0 types).

Exchange name

Bithumb

Upbeat

Coin One

Corbit

Delisted cryptocurrency in 2021

Cred (LBA), OGO, Hycon (HYC), Bezant (BZNT), Dash (DASH), PIVX (PIVX), Jet Cash (ZEC)

Gifto (GTO), OST (OST), Bitshare (BTS)

DMG

As of March 16, investment-related stocks

One Root Network (RNT), Gencer (XSR)

Bithumb

Bithumb announced on the 12th that it has decided to delist 3 types of cryptocurrencies classified as’dark coins (privacy coins)’ such as Dash (DASH), PIVX (PIVX), and Zcash (Jet Cash, ZEC). Bithumb explained, “Before the enforcement of the Act on Reporting and Use of the Revised Specific Financial Transaction Information Act (Special Act), we will end support for transactions for highly anonymous virtual assets.”

Bithumb announced the end of trading support for Bezant (BZNT) on the 5th. On February 19th, OGO, January 6th, Hycon (HYC), and January 6th, Cred (LBA) announced the delisting. All three stocks were delisted because the Foundation’s vocation for the reasons for the designation of investment-provided stocks was insufficient.

Currently, there are two types of cryptocurrencies designated as investment stocks by Bithumb: Genser (XSR) and One Root Network (RNT). Bithumb decides whether to cancel the stock or final listing with a grace period of 30 days for cryptocurrencies designated as investment stocks.

Upbeat

On February 4th, Upbit announced the delisting of three types of cryptocurrencies: Gifto (GTO), OST (OST), and BitShare (BTS). This was because the project team did not receive a response from the project team for specific and feasible measures for investor protection after all were designated as relevant stocks.

Currently, there is no cryptocurrency designated by Upbit as an investment stock. Upbit decides whether or not to finalize the listing within one week when a specific cryptocurrency is designated as a significant stock.

Coin One/Cobit

Coinone stopped listing one type of DMG (DMG) on March 5. There has not been one delisting of the company this year at Corbitt. Currently, there is no cryptocurrency designated as a significant stock for both Coinone and Kobit.

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