Coinbase, the largest U.S. crypto exchange, announced it would suspend trading for Wrapped Bitcoin (WBTC), the largest Bitcoin-backed ERC-20 token, from December 19.
Coinbase announced the news on Nov. 19, asserting that WBTC no longer meets its listing standards.
“We regularly monitor the assets on our exchange to ensure they meet our listing standards,” Coinbase tweeted. “Based on our most recent review, Coinbase will suspend trading for wBTC (wBTC) on December 19, 2024, on or around 12 pm ET… Your wBTC funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time.”
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#undefined [Source: TheDefiant]