Bithumb to End NOM Token Trading Support on April 13

Bithumb will delist the NOM token due to insufficient documentation from the NOM Foundation, highlighting the exchange's commitment to compliance and investor protection in South Korea.

Summary

Bithumb confirmed it will terminate trading support for the NOM token on April 13 after the NOM Foundation failed to provide adequate materials to remove its trading warning. The exchange emphasized that the submitted documents did not satisfy internal standards required for ongoing token support, reinforcing its strict compliance protocols.

Terms & Concepts
  • Bithumb: A major South Korean cryptocurrency exchange known for its regulatory compliance and large trading volume.
  • Delisting: The process by which an exchange removes a cryptocurrency from active trading, often due to non-compliance or low activity.
  • Trading Warning: A notice issued by exchanges indicating potential risk or compliance issues with a specific cryptocurrency.