Principle
Due to the Securities and Exchange Commission's amendment of the provisions according to Clause 39/1 of the Securities and Exchange Commission's Notification No. Kor Thor. 19/2561 Re: Rules, Conditions and Procedures for Undertaking Digital Asset Businesses (and Amendments), Bitkub Online Co., Ltd. ("Company") deems it appropriate to disclose the proposed rules and procedures to customers before implementing the amendments of the Company’s Digital Asset Listing Rules to comply with the aforementioned regulations.
The Company hereby opens the public hearing on proposed amendments to Digital Asset Listing Rules, particularly for the delisting process of digital assets, with the following key points:
The Company provides additional support measures to assist customers who are unable to comply with the procedures for delisting digital assets within the specified timeframe.
In terms of digital asset delisting, the Company will consider establishing a reasonable and sufficient timeframe for compliance with the procedures for delisting digital assets from the trading platform. In exceptional circumstances, such as urgent cases or where it serves the best interests of customers and investors, the Coin Listing Committee may authorize the immediate delisting of digital assets.
Impact
Enforcement guideline
The amendment of Digital Asset Listing Rules for the part of delisting process will become effective only after receiving approval from the Securities and Exchange Commission. The Company will provide timely announcements and relevant information to customers in accordance with this approval.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article