Coinone to Delist SEND Token on September 14

BitcoinWorld Coinone to Delist SEND Token on September 14 South Korean cryptocurrency exchange Coinone has announced that it will delist Suilend (SEND) from its platform, with trading set to cease at 6:00 a.m. UTC on September 14.

The decision marks the latest in a series of delistings by the exchange as it continues to review listed assets for compliance and market viability.

Why Coinone is Delisting SEND Coinone did not provide a specific reason for the delisting in its initial announcement, but such actions are typically driven by factors including low trading volume, project development concerns, regulatory pressure, or failure to meet the exchange’s listing maintenance criteria.

South Korean exchanges are subject to strict oversight by the Financial Services Commission, and periodic reviews of digital assets are standard practice. Suilend is a decentralized finance protocol built on the Sui blockchain, offering lending and borrowing services.