The post KuCoin’s Compliance Push: Delisting 10 Altcoins appeared on BitcoinEthereumNews.com.

In a significant move towards regulatory compliance, KuCoin, a leading player in the cryptocurrency exchange market, has announced the delisting of ten altcoin projects. This decision, which takes effect immediately, is a part of KuCoin’s ongoing efforts to adhere to its Special Treatment Rules, a set of guidelines designed to ensure that all listed projects meet the exchange’s standards for quality and compliance. The altcoins facing delisting The list of delisted tokens is diverse, covering a range of projects with different focuses and backgrounds. These include Kambria (KAT), Sakura (SKU), Don-key (KDON), LOCGame (LOCG), Sienna (WSIENNA), Inflation Hedging Coin (IHC), Position Exchange (POSI), TE-FOOD (TONE), Pika Protocol (PIKA), and Karura (KAR). The delisting of these tokens means that related trading pairs, such as KAT/USDT and SKU/USDT, will no longer be available on KuCoin’s platform. This move by KuCoin is not just about adhering to internal policies but also reflects a broader trend in the cryptocurrency industry, where exchanges are increasingly focusing on compliance and regulatory issues. By delisting these tokens, KuCoin is sending a clear message about its commitment to operating within the evolving regulatory framework that governs the crypto space. KuCoin’s timeline and guidelines for users KuCoin has laid out a detailed timeline for the delisting process, emphasizing the need for users to take prompt action to manage their investments. The process begins with the cessation of operations by trading bots from 09:45 Turkish time on November 24, 2023. Following this, the affected trading pairs will be officially removed from the platform at 10:00 Turkish time on the same day. Users are advised to cancel any pending orders related to these tokens to avoid complications. The final phase of this process involves the withdrawal of these altcoins from the exchange. KuCoin has set a deadline of 13:00 Turkish time…

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Filed under: News - @ November 24, 2023 6:18 am