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Largest South Korean Exchange to Review Listings and Boot Failing Coins

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Bithumb will start reviewing its cryptocurrency listings on a monthly basis, becoming the second South Korean exchange this month to update its listing policies.

The audits will determine whether the crypto exchange’s listed coins and tokens are eligible for continued trading, according to a story by Yonhap New Agency. The reviews will be undertaken by the newly formed Listing Eligibility Deliberation Committee, starting from September.

Bithumb is the eighth largest exchange in the world by reported volume, according to CoinMarketCap, and is the largest South Korean exchange.

The Yonhap report says that failing coins will be put on notice and then delisted ...

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