South Korea’s first cryptocurrency exchange Korbit Tuesday unveiled the guideline on the listing and de-listing of cryptocurrencies.
The guideline is to protect investors and upgrade transparency, sustainability, usability, and expandability of the blockchain projects.
The screening committee would review all cryptocurrencies up for listing. Only following the screening, the listing would be made. Listed currencies would be de-listed if they get entangled in crimes, price manipulation, technical defects, false disclosure, and below-average trading volume, a Korbit spokesman said.
He added the guideline would be of great help to investors in cryptocurrencies and help Korbit emerge as a reliable and trustworthy exchange in South Korea.