Tag: Delist

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Report: Revolut to Delist Polygon, Solana, and Cardano Amidst Evolving US Regulations

According to a report published on Monday, the British fintech firm Revolut plans to delist the cryptocurrency assets polygon, solana, and cardano from its U.S.-based platform. Revolut cited evolving regulations in the United States, and users will need to sell the three tokens by September 18th. Revolut Joins Bakkt, Robinhood, and Etoro in Delisting Specific…
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Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown

Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase to Suspend BUSD Stablecoin on March 13 On Feb. 27, 2023, Coinbase announced that…
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eToro to delist Cardano by 2022 for US users due to regulatory concerns

The moved surprised some users as ADA has not been typically on regulators’ radars as of late. In a statement released to customers on Tuesday, Israeli cryptocurrency exchange eToro announced it would delist Cardano (ADA) and Tron (TRX) for United States customers by the end of the year. After Dec. 31, U.S. users will no longer…
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Kraken to delist Monero for UK customers by the end of November

Although privacy coins grant users unparalleled protection for their personal information, some fear they can easily be used for illicit purposes. In an email quoted by Reddit users, Kraken, the world’s eighth-largest cryptocurrency exchange by trading volume, announced it would be delisting privacy coin Monero (XMR) in compliance with regulations in the United Kingdom. The…
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