Joint Delist Decision for 2 Altcoins from South Korean Exchanges

5 crypto exchanges, including Upbit, one of the largest exchanges in South Korea, decided to delist Omisego (OMG) and Serum (SRM).

In a recent statement by Upbit, omisego And of serum all trading pairs delisted on April 26 place was given. Specific to these pairs withdrawal support until May 26 to be continued.

In the statement, it was stated that the delist decision was justified. both networks not working normally And having difficulty maintaining regular block production shown.

The said delist process is jointly Upbit, bithumb, coinone, chorbite And Gopax will be implemented by Five main cryptocurrency exchanges in South Korea Digital Asset eXchange Alliance (DAXA) These 5 exchanges covering the alliance are Terra (Luna) after a crisis alliance was established as

The following statements regarding the decision were made in the official statement:

Trading support for Omisego and Serum will be terminated by members of the Digital Asset eXchange Alliance (DAXA). DAXA members can take measures to protect investors, such as urging vigilance, watchlisting items, and ending trading support.

Last SRM in last 24 hours according to CoinGecko data 10.2% OMG while rising 10.9% exhibited a decline. OMG at the time of writing from $1.39 If SRM from $0.197 finds buyers.

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