Bithumb, one of the leading cryptocurrency exchanges in South Korea, announced the delisting of Valor (VALOR) and Bitcoin Gold (BTG) as part of its investor protection policies.
The exchange noted that both assets failed to meet listing maintenance standards, leading to the termination of support for trading and withdrawals.
Bithumb stated that the documentation provided by the Valor Foundation was insufficient to address concerns regarding the utility and disclosures of the token.
After conducting a comprehensive review, the Exchange has determined that VALOR no longer meets the criteria for continued trading support.
Bitcoin Gold (BTG) has been delisted following a decision by the Digital Asset eXchange Alliance (DAXA), a consortium of South Korean exchanges responsible for monitoring asset risks and investor protection.
Bithumb announced that concerns regarding BTG’s sustainability and operational transparency led to its removal from the platform.
Bithumb reminds users that investing in cryptocurrencies carries significant risks, including the possible loss of all or part of capital.
*This is not investment advice.
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