Upbit's decision to terminate trading support for Pundi AI reflects ongoing scrutiny of digital asset projects, with concerns over legality and sustainability unresolved.
Upbit has announced plans to terminate trading support for Pundi AI (PUNDIAI) effective August 28, following a comprehensive review that deemed the project unsatisfactory in terms of legality, sustainability, and security. This decision was made by members of the Korean Digital Asset Exchange Association (DAXA) due to unresolved concerns despite explanations from the project's foundation.