JAKARTA As part of efforts to increase company compliance with crypto regulation, the KuCoin crypto exchange recently announced the removal of a number of crypto assets on the trading list. This comes into effect today.
KuCoin is committed to complying with the Special Treatment Rules or Special Treatment Rules to ensure that crypto projects traded are in line with these regulatory standards.
A number of crypto assets removed from the trading platform include: Kambria (KAT), Don-key (KDON), Sienna (WSIENNA), Sakura (SKU), LOCGame (LOCG), Inflation Hedging Coin (IHC), Pika Protocol (PIKA), Karura (KAR), TE-FOOD (TONE), and Position Exchange (POSI).
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Deletion Schedule
KuCoin has detailed a gradual approach to this removal process. Initially, trading would stop its operations starting at 09.45 p.m. Turkey time on November 24, 2023.
The impacted trading pair will be officially removed at 10:00 Turkish time on the same day. Users are advised to cancel pending orders related to the tokens mentioned above.
In addition, the withdrawal service for this altcoin will stop at 13.00 p.m. Turkish time on 28 May 2024. KuCoin stressed the importance of users starting their withdrawal process before this deadline to avoid potential loss of funds.
At the same time, KuCoin also asked for cooperation with users during this deletion process. Therefore, users are expected to be able to follow directions from the company by withdrawing funds from the aforementioned crypto assets to avoid unnecessary losses.
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