Upbit to Delist Nomina Token Over Transparency Concerns

South Korea’s largest crypto exchange will halt NOM trading on March 30, citing deficiencies in disclosure, governance transparency, and project sustainability in its official statement.

BTC
USDT

Summary

Upbit announced it will end trading support for Nomina (NOM) pairs NOM/KRW, NOM/BTC, and NOM/USDT at 14:00 local time on March 30, 2026. The decision, presented in an official press release, cited inadequate disclosure, governance transparency, and concerns over project sustainability. Users will be able to withdraw NOM until April 30, 2026, after which delays in processing withdrawals may occur. The delisting aligns with Upbit’s policy of maintaining strict standards for project reliability and investor protection.

Terms & Concepts
  • Delisting: The removal of a cryptocurrency from an exchange’s trading platform, often due to compliance, transparency, or performance issues.
  • Nomina (NOM): A digital asset that will be removed from trading on Upbit due to transparency and authenticity concerns.
  • Crypto Exchange: A platform where users can buy, sell, and trade cryptocurrencies, often subject to internal listing and delisting criteria.