WEMIX Faces Setback as South Korea’s Leading Exchanges Suspend Trading

The post WEMIX Faces Setback as South Korea’s Leading Exchanges Suspend Trading appeared first on Coinpedia Fintech News

South Korea’s top five crypto exchanges will suspend WEMIX trading on June 2, causing the token to plunge over 60% to $0.2757 before recovering to around $0.36. This is the second time WEMIX has faced a group delisting. The DAXA exchange alliance said the decision was made due to WEMIX’s failure to meet listing standards. The move raises concerns over the token’s long-term credibility in the South Korean market.