Coinbase, one of the leading cryptocurrency exchanges, announced that it will delist 80 non-USD trading pairs from Coinbase Exchange, Advanced Trade, and Coinbase Prime on October 16, 2023. The delisting is intended to “improve overall market health and consolidate liquidity.” Coinbase Advanced Trade users in eligible regions can still trade these coins using USDC balances. In September, Coinbase also suspended certain trading services, delisting BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX). Contrary to removing numerous trading pairs, Coinbase added support to certain ones, such as Ripple’s native token – XRP – in mid-July. This was shortly after a US court ruled in favor of the blockchain enterprise in its lawsuit against the United States Securities and Exchange Commission (SEC). Other crypto exchanges that relisted the token after the partial court victory include Kraken, Crypto.com, and Bitstamp.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	8
People	None
Companies	Coinbase, Kraken, Crypto.com, United States Securities and Exchange Commission (SEC), Bitstamp
Currencies	Ethereum, XRP, British Pound, Bitcoin, Euro, Tether
Securities	None